I thought this was an interesting survey highlighted in Heinz's investor call today. To me, 43% of households buying less food encapsulates the idea of an evaporating middle class.
Source: Heinz Q1FY12 Conference Call
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For compliance reasons, I don't post comments to the site, but I do like hearing from readers and am happy to answer any questions. Feel free to use the comment box to get in touch. Please leave an email address in your comment so that I can write back, or email me directly at Skrisiloff@avondaleam.com.