SALES FORECASTRestaurant sales in the Midwest are expected to increase by 3.7 percent in 2008, or just 0.1 percent after factoring in menu price inflation, the lowest predicted regional rise.That lackluster outlook can be blamed on several pockets of high unemployment stemming from the loss of 1.2 million manufacturing jobs since 2001 in states bordering the Great Lakes. Michigan’s unemployment rate of 7.7 percent as of last fall was the highest in the nation, according to the federal Bureau ...
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