H/t reader squodgy:
“Now this really IS writing on the wall….
If people are just NOT eating out, then we have a serious problem.
It is part of the American Social & Gastronomical Culture.
But to give up what has become habit, must be serious, so what is the cause?
Hmmmm….I wonder?”
– Restaurant Industry In Gloom As Number Of Americans Eating Out Tumbles:
While the latest government retail spending data shows that while it is slowing down, consumer spending on “eating out” or retail and food service sales, hasn’t posted a sharp deterioration, secondary tracking sources beg to differ. A far more accurate tracker of real-time US Restaurant sales, that of the National Restaurant Association’s Restaurant performance index, paints a far more disturbing picture.
…
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