|
We own a restaurant, and especially over the last three months have seen a substantial drop in monthly YOY sales. Prices of everything are up, and people just are not spending money like they did even a year ago. Every year we host a breakfast for a local RV dealership. The owner called to set it up a couple weeks ago, and in chat with my wife he mentioned that their sales are also down substantially, citing higher interest rates and generally higher cost of living for everyone. We are most certainly seeing it in our area, which is usually fairly resistant to such downturns. Or at least it has been for the 9 years we’ve been open.
|