Thursday, June 16, 2016

U.S. Restaurant Sales Up 23% Over Last Three Years

The only other time this has happened in last two decades was 2003-06.

This is not what a recession looks like.

It's what the early stage of a developing acceleration in price inflation looks like.

(via Matthew B.)

1 comment:

  1. I'll concede that the job market for waiters and bartenders seems to be good as people are preparing meals less at home. The news isn't universally bad. Cheers!