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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).
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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%.
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