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Starbucks sales are slumping. Is it a bellwether for the economy?

Starbucks shares have plummeted more than 17% in value since the company revealed a sales slump in an earnings report last week. The coffee giant is viewed by many analysts as a bellwether for consumer spending, which accounts for nearly three-quarters of the nation’s economic activity. The company's latest struggles, in turn, raise a question: Is the engine of the U.S. economy faltering, or is something wrong at Starbucks?

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Starbucks sales are slumping. Is it a bellwether for the economy? - WEIS | Local & Area News, Sports, & Weather

Starbucks sales are slumping. Is it a bellwether for the economy? - WEIS | Local & Area News, Sports, & Weather
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Business - Carroll Broadcasting Inc.

Business - Carroll Broadcasting Inc.
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Business News - 1540 WADK Newport

Business News - 1540 WADK Newport
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Starbucks sales are slumping. Is it a bellwether for the economy? – KTBB News, Weather, Talk

Starbucks sales are slumping. Is it a bellwether for the economy? – KTBB News, Weather, Talk
ktbb.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ktbb.com Daily Mail and Mail on Sunday newspapers.

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