Subject: McDonald’s and Starbucks' U.S. sales are down
McDonald’s and Starbucks' U.S. sales are down, but Advance Real Retail and Food Services Sales is up YoY. Next data update May 15th.

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McDonald’s store traffic falls unexpectedly as diners grow uneasy about economy, May 1, 2025
"The trouble was particularly acute in the U.S., where same-store sales — or sales at locations open at least a year — slumped 3.6%. That was the biggest U.S. decline McDonald’s has seen since 2020, when a pandemic shuttered stores and restaurants and other public spaces nationwide. McDonald’s Chairman and CEO Chris Kempczinski said lower- and middle-income consumers, worried about inflation and the economic outlook, cut back on fast food during the January-March period."
https://apnews.com/article/mcd...

Starbucks says turnaround is on track, but quarterly earnings and sales fall short, April 29, 2025
"While international same-store sales increased 2% — and store traffic improved in China — U.S. same-store sales fell 2%."
https://apnews.com/article/sta...

Advance Real Retail and Food Services Sales (RRSFS)
https://fred.stlouisfed.org/gr...