Tue Dec 08 09:11:00 -0500 2009

Reuters (Chicago)

- McDonald’s Corp said sales at established U.S. restaurants fell for the second-straight month as competitors like Burger King and Taco Bell pushed low prices to attract customers.

“It does not bode well for spending in the (U.S.) restaurant category,” said Tom Forte, an analyst at Telsey Advisory Group. He added that high unemployment among 18 to 34 year olds is weighing on the fast-food industry that McDonald’s dominates.

To view the full article, download the PDF here: Reuters, December 8, 2009