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Steak House Index (part 2) (2024) – with Terry Liebman

Good to have Terry Liebman back in the studio to talk about Steakhouses and the economy

A few highlight snippets from Terry Liebman's podcast

terry liebman next to wine glasses Play video clip

Time: 0:30 seconds

SHI tracks 40 restaurants in 10 cities

terry liebman next to a lightbulb Play video clip

Time: 0:59 seconds

If technology is suppose to make things cheaper... then...

terry liebman next to a cafe closed sign Play video clip

Time: 0:22 seconds

Empty commercial buildings downstream effects

stock bar chart Play video clip

Time: 0:51 seconds

Context around statistics such as the national debt

Timestamps

Welome back (this is my second round with Terry) to The Steak House Index.

A week before the 2024 presidential election. Always good to get Terry’s take on steakhouses and the economy.

0:20 – What is the Steak House Index?
1:06 – What do steak house reservations have to do with the economy?
2:20 – Steak house reservations this year are stable
3:19 – Why Terry Liebman blogs and does Steak House Index
7:35 – Assessing the Treasury report’s data
10:02 – Redirecting readers back to the source
10:35 – Employees want raises, clients want discounts
12:00 – Navigating the post pandemic economy
14:13 – Working from home affects the economy
16:33 – What is counterfactual thinking?
18:45 – Today’s news is more opinion than fact
19:40 – Walter Cronkite’s work compared to today’s media
20:36 – Ultimate similarities among differences

Taylor Brooks

Director of Marketing at GoldenComm

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