PremiumGoldman's Proprietary Dashboard For Working Poor Consumers Flashes "Mixed" Signals
This article is so good
it's for premium members only.
Does that sound like you?
Already a member? Sign in.
PREMIUM
ONLY $30/MONTH
BILLED ANNUALLY OR $35 MONTHLY
All BASIC features, plus:
- Premium Articles: Dive into subscriber-only content, market analysis, and insights that keep you ahead of the game.
- Access to our Private X Account, The Market Ear analysis, and Newsquawk
- Ad-Free Experience: Enjoy an uninterrupted browsing experience.
PROFESSIONAL
ONLY $125/MONTH
BILLED ANNUALLY OR $150 MONTHLY
All PREMIUM features, plus:
- Research Catalog: Access to our constantly updated research database, via a private Dropbox account (including hedge fund letters, research reports and analyses from all the top Wall Street banks)
McDonald's told investors earlier that lower-income consumers remained under financial pressure in the fourth quarter as the inflation storm sparked by the Biden-Harris administration eroded their spending on Big Macs and McFlurries. The warning from MCD suggests headwinds for this consumer segment lingers into spring.
Additional consumer insights come from Goldman's Emily Ghosh, Nishi Agarwal, and colleagues, who published a lower-income activity dashboard. The dashboard aggregates macro data, industry insights, and high-frequency indicators—such as app downloads and store traffic—to reveal mixed monthly trends among consumers earning less than $30K annually.
Here's more color on the low-income consumer update from Goldman:
Loading...