---
title: "Associated Press: US Economy Shrinks, Threats Loom, But Growth Likely to Last"
url: https://burnaze.com/article/2c6c5e51-ea66-42e3-9f1c-72addccd4a9e
source: "1851 Franchise"
original_url: https://1851franchise.com/associated-press-us-economy-shrinks-threats-loom-but-growth-likely-to-last-2718714
category: "Burger"
industry: "Restaurants"
segment: "Burger"
published: 2022-05-13T21:16:00.000Z
modified: 2026-11-01T02:11:54.682Z
image: https://newimage.1851franchise.com/cdn-cgi/image/quality=85,format=webp,width=1280,height=720/story/featureImage/9c724e1ba05803b96a2802f8330fe7396706.jpg
---

# Associated Press: US Economy Shrinks, Threats Loom, But Growth Likely to Last

**TL;DR:** MOOYAH Burgers, Fries & Shakes is growing despite supply chain issues and inflation, with plans to open at least 20 new locations in 2022. The brand's president, Doug Wilmarth, expressed optimism about the future, citing faith in American consumers and the economy.

*originally published in 1851 Franchise on 2022-05-13. [Read the original](https://1851franchise.com/associated-press-us-economy-shrinks-threats-loom-but-growth-likely-to-last-2718714).*

## Story

In a recent interview with the Associated Press, Doug Wilmarth, president of MOOYAH Burgers, Fries & Shakes, discussed how the brand is growing despite supply chain issues and inflation. MOOYAH Burgers, Fries & Shakes is an 80-plus-unit fast-casual, “better burger” concept committed to providing the best tasting burgers possible regardless of economic challenges.

According to Wilmarth, MOOYAH Burgers, Fries & Shakes is facing higher prices for the 100% Certified Angus Beef® it uses in its burgers and supplies for the brand's non-GMO potato and multigrain buns that are baked in-house daily. However, despite inflation and supply chain issues, the Plano-based burger concept is extremely optimistic about the future.

“We are big believers in American consumers and the American economy,” Wilmarth said.

In fact, MOOYAH Burgers, Fries & Shakes plans to open at least 20 new locations in 2022 and has signed multiple multi-unit franchise agreements across the country, including its largest deal ever in Florida.

## Entities

- 1851 Franchise (publication)
- Restaurants (sector)
- unit expansion (topic)
- MOOYAH (company)
- franchise agreements (topic)
- Certified Angus Beef (company)
- inflation (topic)
- The Associated Press (company)
- supply chain issues (topic)

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Originally reported by 1851 Franchise (https://1851franchise.com/associated-press-us-economy-shrinks-threats-loom-but-growth-likely-to-last-2718714). Summarized by Burnaze (https://burnaze.com/article/2c6c5e51-ea66-42e3-9f1c-72addccd4a9e).