Restaurant Business On the Upswing

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Restaurant Business On the Upswing


May 6, 2009 by Mark Maier

Recent research noted in MediaPost asks "Restaurant Outlook: Glimmers of Improvement?".  From what I can see in the marketplace and in the research, the last couple of weeks have seen things pick up at restaurants...

"Restaurant operators reported a positive six-month economic outlook for the first time in 18 months, and capital spending plans rose to a nine-month high, pointed out Hudson Riehle, SVP research and information services for the association. Riehle termed these "clear signs of improvement."

Predictions of sales growth also improved a bit, with 30% now saying they expect to have higher sales in six months (compared to the same period in the previous year) -- up from 25% who reported similarly in February."

It is good to see some positive news from that industry. Lets help our clients turn things up with a little good news.


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