August Restaurant Performance: Could It Be the Turning Point?
Black Box Intelligence
SEPTEMBER 26, 2024
After several challenging months, signs of recovery are beginning to appear. Our expectation has always been for a stronger Q4 relative to Q3, and the latest data shows that the recovery may start earlier than expected. So much so that last week the Fed cut the interest rate by half of a percentage point (the highest cut since 2008).
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