How Restaurants Can Survive the Economic Downturn

January 10, 2017

It’s a new year, but many restaurants are looking to the future with apprehension, not enthusiasm.

The slumping sales trend of 2016 expected to continue into at least the first quarter of 2017. In November, MarketWatch predicted that a recession in the restaurant industry was coming, citing a forecast from Moody’s Investors Service that slashed profit-growth expectations from 5–6 percent in the next 12–18 months to 2–4 percent.