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“Restaurants See Signs of Spring” --- by the Wall Street Journal

People see hopes in the spring, and I am glad to find some signs of recovery from the market. The new claims of unemployment benefits drop 14,000 from previous week on March 20. Today, the Wall Street Journal suggests that restaurant consumers are coming back and suppliers have lowered prices.

For example, sales of Palio d’Asti in San Francisco increase 30%, Olivia in Austin up 25%, and Savoy in New York up 15%. Suppliers have also cut prices on some items. Prices of Oregon mushrooms drop from $33 per pound last year to $20 this season. An herb-crusted roasted rack of lamb decreases from $35 to $28. California morels change from $24 to $12.5 per pound. As the food costs drop, creative chefs can offer better valued meals.

Even though the market is showing some good signs, it is too early to say that the business has rebounded. While I enjoy an early spring in Syracuse this year, I look forward to the summer!

References:
McLaughlin, K. (2010, March 26). Restaurants see signs of spring. The Wall Street Journal, p. W1 & W10. (online access: http://on.wsj.com/bY77Cw)
Pictures were copied from: http://fotobank.ru/image/SF13-7773.html; http://www.herecomestheguide.com/location/detail/palio-dasti/

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