The Debts of the Spenders: US Restaurant Executives Grow More Optimistic About Business Outlook

So, why am I posting about restaurant owners/managers, a subject that has never been covered on this blog before? The reason is simple. Dining establishments are representative of American business. And most of these businesses lie on the smaller end of the scale.

The 2008 US Census reports that most establishments employ less than 20 workers. Examining small business sentiment can lead to valuable clues in larger macro trends such as hiring, capital improvements, and loan applications. (Employment is a lagging indicator. Loan applications for capital improvements are leading indicators).

Source:

The following survey was completed by restaurant chain executives. But keep in mind that most restaurant chains operate on a franchise model.

http://www.businesswire.com/portal/site/home/permalink/?ndmViewId=news_view&newsId=20091028006037&newsLang=en