Still, most analysts attributed the slowdown to industrywide challenges, not company-specific issues that Chipotle needs to address. Unemployment, increased student loan repayments and slower real wage growth accounting for inflation are weighing on consumers’ spending, according to Boatwright.
EY forecasts 1.7% GDP growth, most of which is AI (~1.1% according to jpmorgan). The broader economy is facing headwinds (policy uncertainty, tariffs, etc etc).
> Overall, underlying economic momentum remained steady in the first half of the year despite mounting policy headwinds. But with the impact of tariffs and policy uncertainty becoming increasingly visible, slower US growth and higher inflation are still on the horizon.
Trump inherited a good economy and set it towards decline. If that's still not clear stay tuned, there's more to come.
Total anecdote here: Watching college ball today and nearly every commercial (80%+) are Christmas commercials in some way. The day after Halloween, not the day after Thanksgiving. I know Christmas creep is a thing, and I may not have been paying attention in past years, but it seems like companies are desperate for black Friday to come this year
I'm not seeing it, do you have any proof you can offer that your statement is true?