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Food Chain Insights into the 2017 Economy

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Touch the Soil News #590 (feature photo CC. SA. 3.0) Roughly half of all American food dollars ($780 billion) are spent eating out – mostly in restaurants. The restaurant industry employs 14.5 million people, almost 10 percent of the nation’s workforce. So while economists and government bean counters tell us the economy is going great guns and things have improved, you would think that would show up in the restaurant industry. However it is not and some restaurant economists now question the official consensus that the economy is improving. The Nation’s Restaurant News (www.nrn.com) recently reported that 2017 doesn’t look so hot for the restaurant industry. Following are some of…

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Food Chain Intelligence Report

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Touch the Soil News #518 The hidden force behind much of what goes on in America is investor demands for more money. If the company – promising to deliver a pot of gold to investors – stumbles, investors often figure out how to get a stronger hold on squeezing the “lemon.” We bring this report as a basis to question the modern business models (particularly in food) and why pressure for a new food chain cannot be stopped. McDonald’s revenues peaked in 2013 and then dropped 2.5 percent in 2014 and dropped another 7.4 percent in 2015. In response, the company is ridding itself of many top executives. Leaving the…

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