cbc

As demand falls, bottled-water makers like PepsiCo (PEP) are slashing prices to the point where it's no longer clear they're making a profit. Coke (KO), which has held firm on its pricing, saw U.S. sales volume drop nearly 26% in the twelve weeks to Aug. 8.

When demand for water is declining it is very hard to believe that the economy is growing. Are people not drinking water so they can save that money for the newest iphone?