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November 16, 2009
Graph of the Day for November 16, 2009
"Upscale dining hit hardest in recession... For five years, Jonathan Fyhrie of Six Tables in Boca Raton charged diners a flat $90 per person. Six courses. Choice of six entrees. Port with the cheese course. Those days are over. On Oct. 1, Fyhrie lowered the price to $55 and now serves four courses. Gone is the amuse-bouche he'd send out to start the meal. Gone is the sorbet, the cheese course and the port."
Sun Sentinal (southern Florida).
Hoven's Index for November 16, 2009
Various changes from December 2007 to most recent data:
S&P 500: -26%.
Corporate profits after taxes: -24%.
Industrial Production: -12%.
House prices: -7%.