Technomic: Economic woes likely to carry over to 2009

Technomic: Economic woes likely to carry over to 2009

ROSEMONT ILL. —Prominent economic researchers and forecasters gathered here this month to warn restaurant operators they should prepare for the likelihood that the U.S. economy will stay in a recession through the end of 2008 and probably into 2009.

Seeing no relief in sight for the housing market, Paul Kasriel, director of economic research for Chicago-based Northern Trust Global Economic Research, predicted that c

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