Restaurant industry continues to struggle

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There’s still no happy news for the restaurant industry, according to the latest report by NPD Group, a market research firm.

Restaurants continued to see a decline in traffic during the third quarter ended in September.

“This recession is generally believed to be more severe than those in recent history, and this time the industry not only realized traffic losses, consumer spending declined as well. This is first time since NPD began tracking that the industry realized a fall-off in dollars spent at restaurants,” said Bonnie Riggs, NPD’s restaurant industry analyst.

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