Foodservice analysts cautiously optimistic about economy in second half of ‘08

Foodservice analysts cautiously optimistic about economy in second half of ‘08

While the foodservice industry and the U.S. economy in general remain under clouds of uncertainty, some pundits and operators are beginning to see faint rays of sunshine on the far horizon, although most are wary of forecasting clearing skies anytime soon.

Despite weak fourth-quarter results at almost all public restaurant companies and the very cautious expectations of analysts and insiders for the current year, some improvement is predicted for the second half of 2008.

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