The U.S. restaurant industry is still overbuilt, according to an analyst report from Barclays Capital, but expected unit contraction in 2011 may bring restaurants closer to a sustainable supply-demand equation with consumers. Jeffrey Bernstein, a securities analyst with New York-based Barclays, is forecasting another year of contraction for the restaurant industry, projecting a decline in total unit count of between 0.5 percent and 1 percent. He added that many of the public restaurant ...
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