Restaurant Traffic Slows: What Warning of Recession? @GeneMarks,

Aug 20, 2016, 04:19 AM

08-19-2016 (Photo: Denny’s Breakfasts) Twitter: @BatchelorShow

Restaurant Traffic Slows: What Warning of Recession? @GeneMarks,


Here’s how much sales slowed in spring via @NRNonline

Is the restaurant industry about to enter into a recession? Some analysts think so. From the National Restaurant News, "industry same-store sales are falling at such a meaningful rate that they’re signaling not just an industry-wide problem, but could be a ‘harbinger’ for a full-blown recession next year." Industry analyst Paul Westra has already downgraded 11 restaurant chains, saying that that the fall “reflects the start of a U.S. restaurant recession” and that it “may also represent a harbinger to a U.S. recession in early 2017.”

Is the restaurant industry heading for recession?

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