Industry watchers predict upswing; McD marches to another SSS-positive month

Industry watchers predict upswing; McD marches to another SSS-positive month

New data from two industry analysts suggests that better times might be just around the corner for beleaguered restaurant operators as their research sheds light on the economy’s current cycle.

In mid-September, Larry Miller at RBC Capital Markets said in a note to clients that a rebound in the investment bank’s proprietary consumer confidence index could indicate a turnaround in the industry’s fortunes as early as January 2009. Meanwhile, David Tarantino at Robert W. Baird & Co. said

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