U.S. restaurant unit counts declined by 2 percent, or a loss of 9,450 restaurants, according to an annual, and much-quoted, census published by the NPD Group, a Chicago-based market research company. UPDATE: The same survey shows no statistical difference in the total number of restaurants in the Baltimore area.
Translating that statistic into plainspeak is tempting, but it is wrong to say, as I've seen elsewhere, that there were 9.450 closings.
Am I right about this? Read on - the rest is directly from the NPD press release:
"U.S. restaurant unit counts declined by -2 percent, or a loss of 9,450 restaurants, based on the most recent restaurant census conducted by