Morgan Keegan analysts say consumer sentiment, gas prices and some job growth provide a glimmer of hope
At least two restaurant analysts see a glimmer of hope in the economic outlook for the foodservice industry. With a consumer sentiment survey showing optimism and retail gasoline prices down from highs earlier, investment firm Morgan Keegan & Co. Inc. of Nashville, Tenn., issued a note this week that was subtitled “Resilient operating fundamentals provide a reason for hope.” “We believe recent macro economic data appears to point toward gradual improvement including ...
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