Oct 17

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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