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University of Missouri-St. Louis professor on why restaurants and retailers are shutting down nationwide - Missourinet

Summary by Missourinet
Restaurants and retailers nationwide continue to either shut down or downsize. Max Gillman, Hayek Professor of Economic History at the University of Missouri-St. Louis, said inflation is one of the main culprits. “The episode that we had from 2021 to 2023, we had 9% in the peak in 2022 inflation, and like a total of […]
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University of Missouri-St. Louis professor on why restaurants and retailers are shutting down nationwide - Missourinet

Restaurants and retailers nationwide continue to either shut down or downsize. Max Gillman, Hayek Professor of Economic History at the University of Missouri-St. Louis, said inflation is one of the main culprits. “The episode that we had from 2021 to 2023, we had 9% in the peak in 2022 inflation, and like a total of […]

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Missourinet broke the news in on Monday, March 31, 2025.
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