Cinco de Malaise

Dear Client:The latest round of Nielsen numbers are in and uh, what the heck happened on Cinco de Mayo? The fresh set of scan data stretches to May 5, so we figured we would see some sort of pop in imports thanks to Cinco falling on a Saturday this year, (last year it fell on a Friday).But there was no pop. Import volumes actually declined 0.4% in the latest four weeks. We hardly ever see imports in the red, and