@humphreytalks: Are sausages the new way to tell if the economy is doing well?🌭

Sausages are in higher demand according to the Dallas Federal Reserve report. They saw a modest growth in the food category and frankfurters in general are up 11% year over year. 
 But what does this have to do with the economy?

Well, this is known as a “trade down” or where Americans are choosing more affordable options for their protein source. 

And economists have observed that trade downs like this, especially in the protein category, could be an indicator of a weak economy. 

Of course, this isn’t an end all be all indictor, but it’s definitely worth keeping an eye on. Want to learn more about personal finance and the economy? Click the link in my bio.