A Restaurant Apocalypse Is Starting To Sweep Across America & That Is Bad News For The U.S. Economy

You just have to look around and see what’s happening to the restaurants in your area to understand that the U.S. economy is headed in the wrong direction. When the economy is booming, restaurants are full and chains open more locations to expand their business. But when the economy is struggling, restaurants get increasingly emptier, and underperforming locations go belly up. Sadly, it seems that a “restaurant apocalypse“ has started to sweep across the country this year. Faced with higher living expenses, most households have very little discretionary income to spend as a result of inflated prices, and that’s particularly true for our young adults. Americans love to eat out, but these days about 60% are living paycheck to paycheck, and report experiencing financial distress. Without the extra dollars to spend at the end of each month, people are consuming less, and many sectors are hurting. The restaurant industry is being disproportionately hard hit by this trend. A