this post was submitted on 16 Jul 2026
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The U.S. grocery slowdown is becoming harder to ignore.

Shoppers are buying fewer items than a year ago, and grocery sales are declining as weakening unit sales are now outweighing rising prices. That is according to new analysis from Bain & Company using NielsenIQ grocery data shared exclusively with CNBC.

Grocery units, which refer to individual items or products sold, fell 1.8% in June from a year earlier, a sharp reversal from the 0.1% year-over-year growth recorded in June 2025. While prices continue to rise about 2% to 3% year-over-year, that inflation cushion for the industry is no longer enough to keep overall sales growing.

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[–] cheers_queers@lemmy.zip 110 points 1 day ago (2 children)

this should be the true economic indicator, not the fucking DOW. idc if the DOW is fifty million, if people cant afford food we have a major fucking problem.

[–] Flower@sh.itjust.works 3 points 22 hours ago

It's a true economic indicator for the top 10%, those that have assets. It doesn't say anything about the bottom 90%. But these days the top 10% drive so much of consumption they're the ones that count for leadership.

[–] aarch0x40@piefed.social 19 points 1 day ago* (last edited 1 day ago) (1 children)

DJIA is not an economic indicator. The index highlights half of the relation between Industrials and Transports (DJTA). The S&P 500 is closer to an economic indicator but still not really. The Dow is usually referenced as a distraction from real indicators like the Capitalization to GDP ratio (aka Buffett Indicator). If one looks at the real indicators, we've been in some real economy ending doom for quite a while now.

[–] manxu@piefed.social 17 points 1 day ago

But Pam Bondi said that all that matters is that the Dow is at 50k, not these Epstein files!