Corporate travel plans often get cancelled quickly during recessions. Without a boost from company expense accounts, many full-service restaurants have cut back on operating hours or closed altogether. Budget woes tend to follow Americans home from work, too.
About Joe Taylor Jr.
Joe Taylor Jr. has written about media, technology, entertainment, and personal finance for over 25 years. His work has been featured on NPR, CNBC, Financial Times Television, and ABC News. After helping to launch one of public radio's first successful digital platforms, Joe now serves as a customer service, communications, and user experience consultant for a variety of Fortune 500 and Inc. 500 companies.