by Justin Spittler
Casey Research
One of America’s most important industries is floundering. And that could mean the U.S. economy is headed for a recession…
If you’ve been reading the Dispatch, you’ve heard us say this many times over the past few months. That’s because evidence of a slowing economy is everywhere.
Corporate earnings have been falling since 2014. CEOs of several major U.S. companies have warned of a major slowdown. The oil market is even saying that the economy is slowing, as we explained last week.
We now have another reason to think America is headed for a recession. This one comes from the restaurant industry.