Meal Assembly Watch

I view this sentiment with quite a bit of skepticism. Considering that stalwart companies like Sony and Panasonic just released multi-billion dollar loses, Chrysler is dropping a few thousand franchises from their ranks, gas prices are starting to climb back up and I’m not sure I’ve seen any real signs that unemployment is slowing either. I think it might be a touch to early to say we’re at the bottom of the cycle. It’d be great if it were, but there seem to be far more indicators that there’s more to come than it’s almost over.

October is still a way off so here’s to hoping.

According to Hudson Riehle, the National Restaurant Association’s senior vice president of research and information, there are signs the industry has reached “the bottom of the cycle.”

NRA Predicts October Rebound for Industry

Other Articles of Interest:

• Restaurant Activity Remains Sluggish for 18th Month Running
• Restaurant Performance Index Declined for the Fourth Consecutive Month
• 15 Companies That Might Not Survive 2009
• Publix spices up recipe with Lithia meal-preparation store
• Eating in: Restaurants look to attract customers
• Martha Stewart Buys Emeril Properties
• Earnings, economy – here comes ‘terrible’
• Where You Won’t Shop in 2009
• People are starting to splurge
• Economy Continues to Take Toll on Restaurant Industry