B,
Absolutely correct imo. I make durable goods.
I can tell you for a FACT that our particular market is FLAT and has been at this low level for quite some time now.
As to the restaurant thing, my wife and I noticed the same thing, that it appeared that people as a whole still eat out an awful lot.
I guess it simply comes down to basic choices on a personal level what one does with their money.
It amazes me sometimes at the choices people do actually make though.
the best,
micro...