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Overstressed Americans Binge on Junk Food, Drive up Sales, Cheers Snack Food Industry!
The slow-motion collapse of the U.S. economy is harming consumers and businesses across the country — well, almost every business that is. One industry is enjoying big sales gains thanks to the stress experienced by ordinary working people. North American sales of “savory snacks” (potato chips, Cheetos, etc.) by Frito-Lay are up 9% for the third qurater, reports Potato Pro, “your source for all things potato.” Sales rose despite hikes in gas and ingredient prices and lowered earnings for Americans. (Some companies made up for the higher costs by switching to smaller bags.) Potato Pro jefe Paul van Eijck thinks the trend is only going to accelerate. As the U.S. economy worsens, stressed-out Americans will binge…