Economic News
Singer’s CEO Offers Tips for Navigating Industry Challenges
Fred Singer says planning ahead and finding ways to automate labor will help operators as industry challenges persist.
Restaurant Sales Growth Rebounds, Says Black Box
Restaurant sales have picked back up after a downturn last week, according to Black Box Financial Intelligence’s weekly “Restaurant Industry Performance Pulse.”
Restaurant Job Growth Picks Back Up in October
After restaurant job growth stalled in August and September, it picked back up last month, with 119,400 jobs added.
Diners in Different Parts of the World Still Hesitant To Eat Inside
While restaurant customers have returned to indoor dining in some parts of the world, a new global study by Technomic shows that many people still aren’t ready for it.
Restaurant Traffic and Sales Improve After Four Slower Weeks
The restaurant industry had the best week it's had in four weeks, according to Black Box Financial Intelligence’s latest Restaurant Industry Performance Pulse.
Restaurant Job Growth Stalls After Increasing Most of the Year
For the first seven months of the year, the restaurant industry saw gains of nearly 200,000 jobs a month, but that growth appears to have leveled off in August and September.
Restaurant Sales and Traffic Fall to Three-Month Low
According to Black Box, sales growth for all segments except for fine dining “deteriorated” during the last two weeks of September compared with the first three weeks of the month.
Biden Administration Announces Ports, Goods Carriers Are Moving to 24/7 Hours
Just weeks after NAFEM and three other major manufacturers called on the federal government to address worsening supply chain challenges, it appears steps are being taken.
Demand for Outdoor Dining Last Month Was on Par With Demand in September 2020
Customers wanted to dine outside this past September almost as much as they wanted to in September 2020, according to a new survey from the National Restaurant Association that polled 4,000 operators.
TIndex Shows Softening of Foodservice Industry Growth
August's TIndex showed decelerated growth in the restaurant industry, in part due to the delta variant, according to Technomic.
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