Here’s What Happens When One of America’s Hottest Industries Goes Cold

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.

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