(https://news.google.com/rss/articles/CBMihwFBVV95cUxOTDdTRTNVdXVaY1d3Z2FINl9kNXRUUmF3N2E0eUsxLW9fUWFYVVlnek5MZ21vRlVSai1sMEdjSmZWSi12VE1KeE81eXFw) is being read as a 'consumer slowdown' signal—but the real story for packaged goods is different. Slower hiring + sticky wages = retailers holding inventory longer, demanding lower wholesale prices, and margin compression on companies that can't absorb it. GIS and PG have been hiking prices into strength; now they hit the ceiling.

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