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| home » Breaking News | October 12, 2008 | ||||||||
Restaurant Performance Index [October 06, 2008] Restaurant Operators Reported Negative Same-Store Sales in August; Quickservice Segment Remained Positive Restaurant operators continued to report a same-store sales decline in August, though results were an improvement over the previous two months, according to the National Restaurant Association’s Restaurant Industry Tracking Survey... More » Restaurant Performance Index [October 06, 2008] Restaurant Operators in Each of the Four Regions Reported Negative Sales in August Restaurant operators in each of the four U.S. regions reported negative same-store sales in August. Forty-one percent of restaurant operators from the West reported a same-store sales gain in August, while 42 percent reported a decline... More » Restaurant Performance Index [October 06, 2008] Restaurant Operators Scaled Back on Capital Spending Plans in the Months Ahead Capital spending activity in the restaurant industry remains sluggish by recent historical standards. Forty-one percent of operators said they made a capital expenditure for equipment, expansion or remodeling during the last three months, down from 42 percent who reported similarly last month... More » Restaurant Employment Trends [October 06, 2008] Eating and Drinking Places Lost 4,800 Jobs in September; Second Decline in the Last Three Months After bucking the trends in the overall economy and adding jobs during the first half of the year, restaurant industry employment turned downward in the third quarter, according to preliminary figures from the Bureau of Labor Statistics... More » National Economic Trends [October 06, 2008] National Economy Lost Jobs for the Ninth Consecutive Month in September The national economy sunk deeper into its job recession in September, as employers cut jobs at their sharpest rate in more than five years. The economy shed 159,000 jobs in September on a seasonally-adjusted basis, which marked the ninth consecutive monthly decline – a total loss of 760,000 jobs... More » |
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