Why is the catering business in demand right now?

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Catering businesses are a luxury service.  Since the rift between the haves and have-nots is growing, there may not be more people with money to spend, but the people with money have more of it.  Therefore though it may seem counterintuitive, demand for luxuries is actually growing.  The people that have money to spend will spend it on increasingly luxurious items.  This means having parties and needing caterers.  Perhaps we should call it the Gatsby effect!

Another factor is that the economy seems to...

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