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Tag Archives: expenditures

Travel expenditures since 2005 and the Great Recession

Earlier this year The Bureau of Labor Statistics posted a graph showing that 2011 household travel expenditures had decreased 6% from their peak in 2007. However, they didn’t adjust for inflation. The decrease is actually much more severe. Continue reading

Are restaurants reaching equilibrium of supply and demand?

Restaurant expenditures are on a long-term decline versus reports to the contrary. However, the population per restaurant is on the increase. Continue reading