Which European countries have the bones of increased consumer spending?

The chart below plots the % change in disposable income (per capita) against the % change in population for each European country that is either in the EFTA or the EU.

The 4 quadrants are:

- More people, more money: These countries have more people and people have more money to spend
- More people, less money: These countries have more people but everyone has less spending money on average
- Less people, more money: These countries have fewer people but those who remain have more money to spend
- Less people, less money: These countries have fewer people and everyone has less spending money on average

Quad 1 countries are ones we can expect to have a robust future for consumer goods and retail.

Quad 2 countries require a bit of a waiting game to see if they can fully utilise their larger population base to their advantage but they do have to contend with sustaining their social programs.

Quad 3 countries where the government will likely have a lower social burden going forward and can therefore improve their credit ratings. These could also become good markets for higher end products

Quad 4 countries are the dogs. They have neither the people nor the money. Watch these to see if they can get something going with tourism (Portugal) or with remittances. Regardless they will need more ECB help

US Restaurants by Category and Revenue and Store metrics

• names in bold are parent companies.
• Categories are according to use case and target markets
• generally, corporate heavy groups have a greater degree of operational leverage, i.e. 1% increase in sales means >1% increase in profits because fixed costs don't change and therefore efficiency focused moves are relevant as are minimum wage laws. These can be seen as 'operators' or actual restaurants. They will be more volatile since everything from raw material costs to minimum wage laws have an amplified impact on their profitability.
• Franchise heavy groups have an operational leverage closer to 1, i.e. 1% increase in sales is a 1% increase in profits. These could also be seen as purely a marketing, distribution and branding operations since their ability to make money depends on ads, supply chains and reputation.
• What I would like to know but am unable to get a number on are the number of mall locations for each group. If malls are losing traffic, then groups with more mall locations have a higher risk than those without.
• downloadable file: https://app.box.com/s/6rewnndqkdm8gbj1rti64sh6j33wqdd9

Brand	Parent	Sector	% Corporate	% Franchised	Total Units	% Growth (y/y)	SqFt/Unit	TL SqFt(M)	Sales/Unit ($M)	Sales/Unit Chg	Sales/SqFt	Sales/Sqft Chg
Biglari Holdings	Biglari Holdings	Casual Dinner	63.9%	36.1%	657	3.80%	4,600	3.022	1,878	-1.5%	477	-1.3%
Steak n Shake	Biglari Holdings	Casual Dinner	70.7%	29.3%	590	5.20%	3,800	2.242	1,863	-0.6%	486	0.2%
Bloomin' Brands	Bloomin' Brands	Casual Dinner	84.2%	15.8%	1516	-1.10%	6,300	9.551	3,183	-0.8%	505	-0.9%
Outback Steakhouse	Bloomin' Brands	Casual Dinner	76.7%	23.3%	994	1.50%	6,300	6.262	3,234	-0.6%	511	-0.7%
Carrabba's Italian Grill	Bloomin' Brands	Casual Dinner	99.2%	0.8%	244	-1.20%	6,500	1.586	2,853	-3.1%	439	-3.1%
Bonefish Grill	Bloomin' Brands	Casual Dinner	97.1%	2.9%	210	-2.30%	5,500	1.155	2,983	0.0%	542	0.0%
Fleming's Prime Steakhouse	Bloomin' Brands	Higher End	100.0%	0.0%	68	3.00%	7,100	0.483	4,262	0.1%	600	0.1%
Roy's	Bloomin' Brands	Higher End	100.0%	0.0%	20	-4.80%	7,100	0.142	3,528	-0.9%	497	-0.9%
Bravo Brio Restaurant Group	Bravo Brio	Casual Dinner	100.0%	0.0%	116	0.00%	7,780	0.902	3,523	-4.9%	453	-4.9%
Brio Tuscan Grille	Bravo Brio	Casual Dinner	100.0%	0.0%	65	0.00%	8,000	0.520	3,998	-4.3%	500	-4.3%
Bravo! Cucina Italiana	Bravo Brio	Casual Dinner	100.0%	0.0%	51	0.00%	7,500	0.383	2,893	-6.5%	386	-6.5%
Brinker International	Brinker International	Casual Dinner	60.3%	39.7%	1660	1.90%	6,300	10.458	2,689	-1.8%	425	-2.2%
Chili's Grill & Bar	Brinker International	Casual Dinner	59.0%	41.0%	1609	1.80%	6,000	9.654	2,517	-2.1%	421	-1.9%
Maggiano's Little Italy	Brinker International	Casual Dinner	100.0%	0.0%	51	4.10%	16,800	0.857	8,067	-0.6%	476	-5.0%
Darden Restaurants	Darden	Casual Dinner	100.0%	0.0%	1536	0.10%	7,700	11.827	4,565	-0.3%	590	-0.4%
Olive Garden	Darden	Casual Dinner	100.0%	0.0%	837	1.10%	8,300	6.947	4,619	0.2%	555	0.1%
LongHorn Steakhouse	Darden	Casual Dinner	100.0%	0.0%	464	7.90%	5,900	2.738	3,309	-1.5%	561	-1.5%
The Capital Grille	Darden	Higher End	100.0%	0.0%	54	10.20%	10,800	0.583	7,567	-2.5%	706	-2.2%
Yard House	Darden	Casual Dinner	100.0%	0.0%	52	18.20%	10,500	0.546	7,933	-5.3%	713	-5.6%
Seasons 52	Darden	Higher End	100.0%	0.0%	38	22.60%	9,400	0.357	6,371	8.2%	680	8.2%
Bahama Breeze	Darden	Casual Dinner	100.0%	0.0%	37	12.10%	7,100	0.263	5,960	-2.5%	844	-2.0%
Eddie V's	Darden	Higher End	100.0%	0.0%	15	25.00%	9,000	0.135	6,718	-0.3%	746	-0.3%
Del Frisco's Restaurant Group	Del Frisco's	Higher End	100.0%	0.0%	53	6.00%	10,400	0.551	5,118	-4.2%	629	-7.3%
Del Frisco's Grille	Del Frisco's	Higher End	100.0%	0.0%	23	15.00%	8,100	0.186	14,324	-0.7%	880	-1.0%
Sullivan's Steakhouse	Del Frisco's	Higher End	100.0%	0.0%	18	0.00%	9,300	0.167	4,260	-1.1%	460	-1.1%
Double Eagle Steakhouse	Del Frisco's	Higher End	100.0%	0.0%	12	0.00%	16,300	0.196	839	1.7%	638	1.0%
DineEquity	DineEquity	Casual Dinner	0.3%	99.7%	3749	0.90%	4,800	17.995	1,625	-1.0%	365	-1.0%
Applebee's	DineEquity	Casual Dinner	0.0%	89.8%	1733	3.00%	5,000	8.665	2,180	-7.1%	436	-7.1%
IHOP	DineEquity	Family	0.6%	89.8%	1733	3.00%	4,500	7.799	1,907	-2.8%	424	-2.8%
Dunkin' Brands Group	Dunkin' Brands	Drinks/Snacks	0.0%	100.0%	20080	3.70%	1,400	28.112	552	3.3%	406	3.1%
Dunkin' Donuts	Dunkin' Brands	Drinks/Snacks	0.0%	100.0%	12258	4.30%	1,600	19.613	749	3.1%	470	3.1%
Baskin Robbins	Dunkin' Brands	Drinks/Snacks	0.0%	100.0%	7822	3.00%	1,000	7.822	248	1.7%	248	1.7%
Fiesta Restaurant Group	Fiesta	Fast Casual	89.1%	10.9%	385	7.50%	3,100	1.194	2,084	-7.6%	659	-7.9%
Pollo Tropical	Fiesta	Fast Casual	83.5%	16.5%	212	11.60%	3,100	0.657	2,285	-11.2%	734	-11.9%
Taco Cabana	Fiesta	Fast Casual	96.0%	4.0%	173	3.00%	3,200	0.554	1,870	-5.2%	583	-5.3%
Romano's Macaroni Grill	Ignite	Casual Dinner	85.5%	14.5%	179	-11.80%	7,000	1.253	1,932	-0.5%	276	-0.5%
Ignite Restaurant Group	Ignite	Casual Dinner	100.0%	0.0%	153	-4.40%	8,100	1.239	3,065	-2.6%	379	-2.7%
Joe's Crab Shack	Ignite	Casual Dinner	100.0%	0.0%	130	-6.50%	8,000	1.040	3,004	-3.0%	376	-3.0%
Brick House Tavern + Tap	Ignite	Casual Dinner	100.0%	0.0%	23	9.50%	8,500	0.196	3,393	-2.0%	399	-2.0%
Jack In The Box	Jack In The Box	Fast Food	26.5%	73.5%	2954	1.50%	2,600	7.680	1,577	4.0%	604	4.0%
Jack In The Box	Jack In The Box	Fast Food	18.5%	81.5%	2255	0.30%	2,600	5.863	1,489	3.2%	582	3.3%
Qdoba Mexican Grill	Jack In The Box	Fast Casual	52.5%	47.5%	699	5.70%	2,400	1.678	1,201	1.2%	501	1.2%
Luby's, Inc.	Luby's	Family	60.8%	39.2%	288	1.80%	7,000	2.016	2,098	-8.3%	261	-8.1%
Fuddrucker's	Luby's	Fast Casual	39.2%	58.2%	194	3.70%	5,200	1.009	1,534	-10.2%	295	-11.5%
Luby's Cafeteria	Luby's	Family	100.0%	0.0%	91	-2.20%	10,500	0.956	2,456	-6.8%	235	-7.0%
P.F. Chang’s China Bistro, Inc.	PF Chang’s	Casual Dinner	84.8%	15.2%	505	4.30%	5,200	2.626	3,040	0.0%	601	0.7%
P.F. Chang’s	PF Chang’s	Casual Dinner	77.1%	155.6%	275	3.80%	6,900	1.898	4,167	1.6%	604	1.6%
Pei Wei Asian Diner	PF Chang’s	Fast Casual	93.6%	6.4%	218	4.80%	3,100	0.676	1,669	-1.7%	538	1.6%
Burger King	QSR	Fast Food	0.3%	99.7%	19043	39.30%	2,700	51.416	1,213	-1.9%	409	-0.6%
Tim Hortons	QSR	Drinks/Snacks	0.4%	99.6%	4132	5.00%	2,000	8.264	1,561	1.0%	780	1.6%
Ruby Tuesday	Ruby Tuesday	Casual Dinner	89.3%	10.7%	726	-4.70%	5,900	4.283	4,796	-0.2%	515	0.0%
Ruby Tuesday	Ruby Tuesday	Fast Food	89.2%	10.8%	724	-1.60%	6,000	4.344	1,667	-1.8%	284	-2.3%
Lime Fresh Mexican Grill	Ruby Tuesday	Fast Casual	100.0%	0.0%	2	-92.30%	2,300	0.005	1,625	25.0%	707	25.0%
Ruth's Chris Steak House	Ruth's Hospitality	Higher End	45.6%	54.4%	149	1.40%	9,300	1.386	4,796	-0.2%	515	0.0%
The Cheesecake Factory	The Cheesecake Factory	Casual Dinner	100.0%	0.0%	194	3.20%	10,500	2.037	10,941	2.6%	1036	3.1%
Grand Lux Cafe	The Cheesecake Factory	Casual Dinner	100.0%	0.0%	14	0.00%	12,200	0.171	10,222	-0.2%	838	0.0%
Yum! Brands	Yum! Brands	Fast Food	20.9%	79.1%	42692	2.80%	2,100	89.653	1,055	-1.9%	503	-1.7%
KFC	Yum! Brands	Fast Food	26.7%	73.3%	19952	2.70%	2,300	45.890	1,165	-3.6%	523	-3.7%
Pizza Hut	Yum! Brands	Fast Food	16.5%	83.5%	16063	2.90%	1,800	28.913	718	-3.1%	397	-3.0%
Taco Bell	Yum! Brands	Fast Food	14.0%	86.0%	6407	3.20%	2,100	13.455	1,452	1.1%	682	1.2%
McDonald's		Fast Food	15.4%	84.6%	36899	1.00%	4000	148	2,339.000	2.3%	585	2.3%
Starbucks		Drinks/Snacks	50.7%	49.3%	25085	8.90%	1700	43	1,367.000	4.8%	786	4.0%
Domino's Pizza		Fast Food	2.8%	97.2%	13811	10.20%	1300	18	2,298.000	3.6%	414	4.6%
Wendy's		Fast Food	5.0%	95.0%	6537	0.90%	3000	20	1,536.000	2.9%	512	2.9%
Papa John's		Fast Food	14.6%	85.4%	5097	4.20%	1300	7	741.000	1.0%	568	1.4%
Sonic		Fast Food	9.7%	90.3%	3557	0.90%	1500	5	1,247.000	-3.1%	831	-3.1%
Popeyes Louisiana Kitchen		Fast Food	2.8%	97.2%	2539	6.70%	2600	7	1,249.000	4.1%	478	4.1%
Chipotle Mexican Grill		Fast Casual	100.0%	0.0%	2250	11.90%	2500	6	1,896.000	-13.3%	756	-12.4%
Panera Bread Co.		Fast Casual	44.3%	55.7%	2036	3.20%	4500	9	2,597.000	2.1%	577	2.1%
Denny's		Family	9.8%	90.2%	1733	1.30%	4500	8	6,932.000	-2.8%	666	-2.7%
Papa Murphy's		Fast Food	10.7%	89.3%	1577	2.70%	1400	2	564.000	-4.8%	403	-4.8%
Buffalo Wild Wings		Casual Dinner	50.9%	49.1%	1240	5.50%	5800	7	3,137.000	-2.8%	535	-3.0%
Krispy Kreme Doughnuts		Drinks/Snacks	10.3%	89.7%	1121	13.60%	2594	3	894.000	-10.7%	343	-8.7%
Jamba Juice		Drinks/Snacks	7.8%	92.2%	893	2.90%	1200	1	731.000	1.7%	581	5.5%
Einstein Noah Restaurant Group		Fast Casual	53.8%	46.2%	852	4.40%	1700	1	706.000	0.9%	410	1.8%
Chuck E. Cheese's		Entertainment	74.8%	25.2%	747	2.00%	12400	9	1,607.000	-2.1%	128	-1.8%
Red Lobster Seafood		Casual Dinner	100.0%	0.0%	706	0.10%	7500	5	3,492.000	-6.2%	463	-6.2%
Cracker Barrel		Family	100.0%	0.0%	641	0.60%	9900	6	4,562.000	0.4%	459	0.5%
Red Robin Gourmet Burgers		Casual Dinner	84.4%	15.6%	551	2.40%	6200	3	2,859.000	-3.1%	464	-2.5%
Noodles & Company		Fast Casual	85.9%	14.1%	532	8.10%	2700	1	1,092.000	-0.3%	412	-0.3%
Bob Evans Farms		Family	100.0%	0.0%	527	-7.10%	5100	3	1,721.000	0.9%	337	0.9%
Texas Roadhouse		Casual Dinner	83.4%	16.6%	517	7.00%	6900	4	4,821.000	1.4%	702	1.0%
El Pollo Loco		Fast Food	43.7%	56.3%	460	6.20%	2700	1	1,854.000	-1.2%	690	-0.9%
Potbelly Sandwich Works		Fast Casual	90.5%	9.5%	454	11.30%	2300	1	1,042.000	-1.7%	453	-1.7%
Rave Restaurant Group		Fast Food	10.3%	89.7%	312	2.60%	2000	1	487.000	5.4%	238	3.9%
Logan's Roadhouse		Casual Dinner	90.0%	10.0%	260	0.40%	7800	2	2,696.000	-0.4%	346	-0.3%
The Cheesecake Factory Inc.		Casual Dinner	100.0%	0.0%	208	3.50%	10600	2	10,894.000	2.4%	1021	2.9%
Zoes Kitchen		Fast Casual	98.6%	1.4%	207	24.70%	2800	1	1,479.000	-5.0%	538	-5.0%
BJ's Restaurants		Casual Dinner	100.0%	0.0%	189	10.50%	8100	2	5,520.000	-1.7%	679	-0.9%
Famous Dave's		Casual Dinner	21.0%	79.0%	176	-1.70%	5900	1	2,379.000	-3.3%	405	-4.1%
Diversified Restaurant Holdings		Casual Dinner	100.0%	0.0%	172	2.40%	2700	0	2,025.000	-6.1%	424	-6.1%
The Habit Burger Grill		Fast Casual	94.2%	5.8%	172	21.10%	2300	0	1,948.000	1.3%	846	0.9%
Frisch's Restaurants		Casual Dinner	78.5%	21.5%	121	0.00%	5600	1	2,098.000	1.5%	373	1.5%
Shake Shack		Fast Food	56.1%	43.9%	114	35.70%	3200	0	4,851.000	-1.1%	1572	0.0%
Cosi		Fast Casual	71.8%	28.2%	110	-0.90%	2900	0	1,136.000	-1.7%	399	-1.7%
Dave & Buster's		Entertainment	100.0%	0.0%	92	13.60%	42600	4	11,768.000	1.6%	275	3.8%
Chuy's		Casual Dinner	100.0%	0.0%	80	14.30%	8800	1	4,401.000	-2.4%	500	-2.8%
Good Times Restaurants		Fast Food	75.4%	24.6%	57	9.60%	2600	0	1,609.000	6.8%	547	3.5%
Kona Grill		Casual Dinner	100.0%	0.0%	45	21.60%	7300	0	4,178.000	-4.3%	574	-5.5%
J. Alexander’s		Casual Dinner	100.0%	0.0%	44	7.30%	7700	0	5,205.000	-2.1%	688	-2.0%
Granite City Food & Brewery		Casual Dinner	100.0%	0.0%	41	5.10%	9800	0	3,708.000	-6.3%	377	-6.3%