California restaurant owner says tariffs, inflation leave him "barely breaking even"
California restaurant owner says tariffs, inflation leave him "barely breaking even"
The National Restaurant Association says menu prices for U.S. restaurants would need to increase by 30.3% just to maintain a thin profit margin of 5% under the current economic conditions.
Read the full article on CBS Money
Truth Analysis
Analysis Summary:
The article's claim about the National Restaurant Association's statement regarding menu price increases is potentially accurate but requires further verification from the NRA directly. The article likely exhibits moderate bias by focusing on a single restaurant owner's experience without providing broader economic context or alternative perspectives. The provided sources do not directly verify the central claim.
Detailed Analysis:
- Claim: The National Restaurant Association says menu prices for U.S. restaurants would need to increase by 30.3% just to maintain a thin profit margin of 5% under the current economic conditions.
- Assessment: Unverified. None of the provided sources confirm or deny this claim. It is plausible but requires direct verification from the National Restaurant Association or a reliable source citing them.