Waffle house index full#

Time's Moneyland blog rounded up 10 of them here. all but one in hard-hit coastal Virginia were back in business.' The Journal says that of the company's '22 restaurants in North Carolina, Virginia, Maryland and Delaware. Red means the restaurant is closed, a sign of severe damage in the area or unsafe conditions.'Д«y Wednesday night, the index was looking pretty good in places that were hit hard by Hurricane Irene over the weekend. It comes from Waffle Houses reputation for.

Waffle house index full#

WaffleHouseIndexRed: 365 Waffle House restaurants closed. WHAT IS THE WAFFLE HOUSE INDEX Green: open and serving a full menu Yellow: only serving a limited menu due to a blackout or low food supplies Red: closed. The Waffle House Index is an informal measure of a storms severity and its effect on a stricken community. Yellow means a limited menu, indicating power from a generator, at best, and low food supplies. The so-called Waffle House Index dipped into the red as the company announced late Tuesday it was temporarily closing 365 locations due to the COVID-19 outbreak. 'Green means the restaurant is serving a full menu, a signal that damage in an area is limited and the lights are on. So if its restaurants aren't open, that means the damage has been pretty bad.ДЇugate even has a color-coded system for his index that digs deeper into the what's going on: 'The Waffle House,' according to the Journal, 'spends almost nothing on advertising, has built a marketing strategy around the goodwill gained from being open when customers are most desperate.' This morning, The Wall Street Journal offers a look at the 'Waffle House Index,' which is part economic indicator, part hurricane gauge.ДЄs Craig Fuguate, administrator of the Federal Emergency Management Agency explains to the Journal, if you get to a town after a disaster and the Waffle House is closed: 'That's really bad. Having done a few in our time, we know a good one when we see it. One staple of economics and business reporting is the 'odd indicator' story. If the lights are still out, that's bad news. The so-called Waffle House Index dipped into the red as the company announced late Tuesday it was temporarily closing 365 locations due to the COVID-19 outbreak. It may be hard to believe, but the Waffle House Index is a real metric used by the Federal Emergency Management Agency (FEMA) to measure the scale and.