The success of American restuarants is usually a steady indicator of what Americans are doing with their money. Basically, when times are tough financially eating out is one of the first things to go. So, when economists and financial analysts see that sales have fallen in three of the last six months, they begin to become pessimistic about the near future of the economy. The last time there were restaurant earnings reports similar to these were in the years that preceded multiple economic downturns in the 2000’s. Experts are pointing to changing regulations to U.S. overtime pay, minimum wage increases and an overall decrease in consumption that could significantly effect the bottom line of an industry that operates with very thin margins.
Restaurant Recession Could Signal Tough Times for U.S. Economy
- Posted July 28
- by editor
- 0 comments

Share This Article
Leave a Reply
Blog
-
At the start of 2020 when COVID-19 took hold in the U.S., the Treasury Department rightly decided to push the […]
June 24 -
Congratulations to the Members of the 114th Congress! It is an exciting time for America, particularly in the knowledge-based economy. […]
February 2 -
On behalf of our organizations and the millions of Americans we represent across all 50 states, I write to express […]
January 29 -
July 8, 2014 Dear House Ways and Means Committee Chairman Dave Camp and Senate Finance Committee Chairman Ron Wyden: With […]
July 8 -
Once again we find ourselves preparing for the imminent possibility of a government shutdown. President Obama will soon approach Congress […]
August 8