Waffle House Index, the unofficial barometer for how bad things are, dips into the red

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Waffle House Index, the unofficial barometer for how bad things are, dips into the red
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Waffle House, the restaurant chain whose open doors have become an unofficial barometer of how bad things are in times of crisis, is shuttering hundreds of stores as the coronavirus pandemic clobbers the U.S. The so-called Waffle House Index dipped into the red as the company announced late Tuesday

Waffle House, the restaurant chain whose open doors have become an unofficial barometer of how bad things are in times of crisis, is shuttering hundreds of stores as the coronavirus pandemic clobbers the U.S.

The Georgia-based chain has been lauded by the Federal Emergency Management Agency as one of the companies they dub"role models in disaster preparedness," according to a 2012 blogpost penned by FEMA's Dan Stoneking explaining the Waffle House Index.

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