Rising gas prices, unemployment pose threats to recovery, NPD warns
Higher gas prices and persistent unemployment may threaten a sustained sales recovery this year, but guest traffic trends from late 2010 offered encouraging signs, The NPD Group said Wednesday. Traffic patterns started looking up for the restaurant industry in the second half of 2010, NPD found, as visit declines narrowed in several segments to produce flat traffic for the fourth quarter, compared with a 3-percent decline in restaurant visits for the fourth quarter of 2009. While midscale ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!