The following chart shows the retail sales at food services and drinking places divided by the sales at food and beverage stores.Click to enlarge.Our service economy apparently requires us to grow the amount we spend at restaurants compared to the amount we spend at food and beverage stores. Put another way, our service economy requires ever increasing amounts of service lest we slip into recession.I know what you may...
Tampilkan postingan dengan label restaurant. Tampilkan semua postingan
Tampilkan postingan dengan label restaurant. Tampilkan semua postingan
Restaurant Employment Prosperity (Musical Tribute)
The following chart shows annual food services and drinking places employment growth.Click to enlarge.3.7% annual growth! Very impressive. Each time we get a recession (the deeper the recession the better), we get more growth. More recessions for the win! Genius!We just need to stay in that strong, resilient, predictable, and consistent trend channel long-term, preferably near the top. The long-term trend is so obvious...
This Is Not 1982
The following chart shows the annual average of the Dow Jones Industrial Average adjusted for inflation (December 2013 dollars). It does not account for dividends (which over the long-term can be very important clearly).Click to enlarge.This is not 1982. We know this because the Dow Jones Industrial Average is not trading at roughly 1916 levels (adjusted for inflation).I'm just pointing it out for those who truly believe...
New Record: Restaurant Employees per Capita
Click to enlarge.As of November of 2013, 3.28% of our population works in the food services and drinking places industry. That's a new record. Can't ever have too many highly compensated restaurant workers in this brave new world!As clearly seen in the chart (red trend line), it will only grow exponentially higher from here. Just look at that 0.990 correlation!What's that blue line you say? Oh, that's an old trend that...
Power to the People!
The following chart shows real annualized power construction spending per capita (October 2013 dollars).Click to enlarge.Tack on another $117 per year that will ultimately be passed on to the people (each man, woman, and child).Hey, maybe it won't appear all at once though, thanks to the Fed's ZIRP providing long-term financing at supposedly super cheap long-term interest rates. That debt could potentially just brew...
U-192
German submarine U-192During her maiden voyage in May 1943 she disappeared without a trace, along with her 55 crew.Why don't you knock it off with them negative waves? Why don't you dig how beautiful it is out here? Why don't you say something righteous and hopeful for a change? - OddballOctober 30, 2013Passenger traffic fairly flat at Port Columbus last monthThere were 501,354 passengers in and out of the local airport,...
Red Lobster in Mourning (Musical Tribute)
September 20, 2013Revamps for Olive Garden, Red Lobster fall flatDespite the moves, sales fell 4 percent at Olive Garden restaurants open at least a year in the latest quarter. The figure was down 5.2 percent at Red Lobster, where the company added more non-seafood options to attract a broader audience. Darden has blamed its troubles on a variety of factors, including more cautious spending by consumers.Red Lobster...
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