Oreo-maker Mondelez CEO says Americans are buying fewer snacks: 'There's a lot of consumer anxiety'
1. Mondelez reports a decline in US snack sales due to economic anxiety. 2. CEO cites consumer focus on essentials over snacks amid rising prices. 3. North American sales fell 3.5% year-over-year in Q2. 4. Tariffs may have caused retailers to limit non-tariffed snack purchases. 5. Some consumers still spend on dining despite cutbacks on snacks.