Nasdaq Crashes, Restaurants Scramble – How the Hospitality Industry Reacts to Stock Market Downturns
Paper Chase Accountancy
MAY 22, 2025
in December 2007–June 2009, relative to pre-recession period levels. In reaction to the tariff announcement, the Dow Jones Industrial Average dropped over 4,000 points over two days in April 2025, marking a 9.48% decline. Looking back at the most recent recession, dining out dropped 8.8% decline over 88 trading days.
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