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A possible recession isn’t spooking restaurant CEOs just yet

Chief executives of Domino’s and Starbucks both say the consumer is strong, even as economic concerns worry investors.


Restaurants added 16,900 jobs in May

The industry has added 300,000 jobs over the past year, but a slowdown in overall job growth has spurred fears of a slowing economy.

The industry added 25,000 jobs last month as the economy continues to expand.

The industry has added more than 300,000 employees over the past year.

A bad winter likely chilled job growth and put an end to the strong recent run of industry expansion, says RB’s The Bottom Line.

The diverging performances of chains such as Outback Steakhouse and Steak ‘n Shake show an economy heading in two directions, says RB’s The Bottom Line.

The industry has added more than 80,000 jobs over the past two months despite rising labor costs.

The hiring came as the overall job market appears to be accelerating.

Stocks fell Tuesday amid economic concerns, which only adds to potential problems facing restaurants, says RB’s The Bottom Line.

Despite low unemployment, real wages simply haven’t grown all that much, says RB’s The Bottom Line.

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