Consumers Fail to Sustain Restaurant Economic Recovery

The table was set for a recovery in restaurant sales; then something happened, it didn’t materialize.

The economy was improving, and families started to eat out more often, which is usually an early sign of the industry’s turnaround. After several years of tightening belts, it appeared consumers would start eating out more frequently.

But a double-whammy of high gasoline prices and rising food costs polarized consumers.

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Source: CNBC