{"id":8603,"date":"2024-08-27T05:01:09","date_gmt":"2024-08-27T05:01:09","guid":{"rendered":"https:\/\/businesstriumphs.com\/index.php\/2024\/08\/27\/increased-sausage-demand-may-be-a-red-flag-for-the-economy-dallas-fed-survey-says\/"},"modified":"2024-08-27T05:01:09","modified_gmt":"2024-08-27T05:01:09","slug":"increased-sausage-demand-may-be-a-red-flag-for-the-economy-dallas-fed-survey-says","status":"publish","type":"post","link":"https:\/\/businesstriumphs.com\/index.php\/2024\/08\/27\/increased-sausage-demand-may-be-a-red-flag-for-the-economy-dallas-fed-survey-says\/","title":{"rendered":"Increased sausage demand may be a red flag for the economy, Dallas Fed survey says"},"content":{"rendered":"<p class=\"\">An uptick in sausage demand can offer the latest sign of consumers tightening their belts as they continue grappling with high prices.<\/p>\n<p class=\"\">There\u2019s been \u201cmodest growth\u201d in the dinner sausage category for one producer, according to the Dallas Federal Reserve\u2019s\u00a0Texas Manufacturing Outlook Survey\u00a0released Monday. This underscores the trends of shoppers opting for cheaper products and pulling back spending all together as cumulative inflation bites into purchasing power.<\/p>\n<div><\/div>\n<p class=\"\">\u201cThis category tends to grow when the economy weakens,\u201d the respondent said, according to edited comments included in the Dallas Fed\u2019s report. That\u2019s because \u201csausage is a good protein substitute for higher-priced proteins and can \u2018stretch\u2019 consumers\u2019 food budgets.\u201d<\/p>\n<p class=\"\">This anecdote pointed out by eagle-eyed Bespoke Investment Group\u00a0on X\u00a0comes as grocery prices remain\u00a0top of mind\u00a0for consumers. While the rate of\u00a0annualized inflation\u00a0has fallen closer to levels deemed healthy by economic policymakers, the collective increase in prices compared with just a few years ago has left everyday Americans\u00a0feeling sour\u00a0about the state of the national economy.<\/p>\n<p class=\"\">Additionally, it bolsters two themes emerging as hallmarks of today\u2019s post-pandemic economy.<\/p>\n<p class=\"\">A growing chorus of corporate executives, including those leading some of the largest restaurant chains, have warned that the consumer is\u00a0starting to slow down. In particular, they\u2019ve pointed to stress on\u00a0lower-income tax brackets\u00a0as they attempt to make their dollars go further.<\/p>\n<p class=\"\">The shift to sausage also highlights an action experts call the \u201ctrade down.\u201d Carefree customers may select protein that\u2019s typically more expensive like steak or chicken. On the other hand, price-conscious shoppers will hunt for sausage or other lower-cost alternatives.<\/p>\n<p class=\"\">Other food manufacturers who responded to the Dallas Fed\u2019s survey also raised concern about their economic health. One said agriculture as a whole was \u201churting,\u201d citing challenges from factors like weather and higher costs.<\/p>\n<p class=\"\">Another put it more plainly, saying it was \u201cpreparing for the recession.\u201d<\/p>\n<\/p>\n<div>This post appeared first on NBC NEWS<\/div>\n","protected":false},"excerpt":{"rendered":"<p>An uptick in sausage demand can offer the latest sign of consumers tightening their belts as they continue grappling with high prices. There\u2019s been \u201cmodest growth\u201d in the dinner sausage category for one producer, according to the Dallas Federal Reserve\u2019s\u00a0Texas Manufacturing Outlook Survey\u00a0released Monday. This underscores the trends of shoppers opting for cheaper products and [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":8604,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-8603","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts\/8603","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/comments?post=8603"}],"version-history":[{"count":0,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts\/8603\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/media\/8604"}],"wp:attachment":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/media?parent=8603"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/categories?post=8603"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/tags?post=8603"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}