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tonyt53

(5,737 posts)

2. People are going away from chain restaurants. People are also shopping more and more online.

Reply to Purveyor (Original post)

Tue Jul 26, 2016, 05:58 PM

Jul 2016

Chain restaurants is where they get that data. But it doesn't tell the complete story, 1Q of this year, McDonald's had a huge increase in sales. 2Q sales were down. Which quarter matters the most to foretell an economic downturn? A more telling factor is to watch how new car sales are going.

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Highlight:

Analyst Warns of a Restaurant Downturn and Sees Harbinger of U.S. Recession [View all] Purveyor Jul 2016 OP

Something else that might be affecting the numbers: Qutzupalotl Jul 2016 #1

People are going away from chain restaurants. People are also shopping more and more online. tonyt53 Jul 2016 #2

the wealthy owners & CEOs never get that you can't have your cake and eat it too. Incomes for most Bill USA Jul 2016 #3

I think people are growing weary of corporate chain crap food... Chakaconcarne Jul 2016 #4