Macro European indicators influence restaurant companies' sales
European retail sales pick up, more cash for McDonald and Yum!
(Part 7)  Continued from Part 6: More optimistic Europe means
higher sales for McDonalds and Yum!  Food retail sales: A direct
association with industry revenue  One of the most valuable
indicators that’s directly associated with the restaurant
industry’s sales growth is the Food Retail Sales data published
by Eurostat every month. It’s a combination of disposable
income, employment growth, and consumer confidence. The data is
released by Eurostat roughly 34 days after the end of the
respective month. So the data for August can be expected to be
announced on October 3, a one-month lag.  Eurozone Food Retail
Sales 2013-09-14Enlarge Graph  Eurozone growth possibly turning
around  Growth for Eurzone food retail sales has been falling
from 0.6% since mid-2010 using the six months when problems in
Spain and Italy threatened to undermine the European recovery
and the future of the euro. Au