Economic News
Restaurant Sales Growth Hits a Positive Streak
Restaurant industry sales are finally showing signs of recovery, according to Black Box Financial Intelligence’s weekly Restaurant Industry Performance Pulse.
Valentine’s Day Helps Boost Restaurant Sales into Positive Growth Territory
After weeks of declining restaurant sales growth, the industry saw some improvement for the week ending Feb. 20, according to Black Box Financial Intelligence’s weekly Restaurant Industry Performance Pulse.
Foodservice Industry Decelerates for Fourth Straight Month, Says Technomic
Technomic released its TIndex—a measurement of the health of the foodservice industry—for January, and it shows the industry has experienced four consecutive months of deceleration.
Supply Chain Challenges Continue To Hinder Foodservice E&S Manufacturers
Respondents in NAFEM’s latest member survey once again report rising costs of shipping and supply shortages as top concerns.
IFMA Projects 4.6% Foodservice Industry Growth This Year
While the foodservice industry isn’t expected to reach 2019 operator spend levels quite yet, the International Foodservice Manufacturers Association is predicting 4.6% real growth this year compared to 2021.
January Restaurant Sales Dip for Second Consecutive Month Â
For the second straight month, restaurant sales declined in January and were lower than the volumes posted in each of the 10 months leading up to the pandemic.
Restaurant Sales Growth Continues in Negative Territory
For the fifth time in the last six weeks, restaurant sales once again fell into negative territory, but signs of relative improvement showed as the last two weeks fared slightly better, according to Black Box Financial Intelligence’s latest Restaurant Industry Performance Pulse. Â
Operators Competing Against All Spend Categories for Consumer Dollars Â
With inflation at a 40-year high and prices up across the board, competition for consumers’ dollars in restaurants has gotten stiffer.
Restaurants Experienced Negative Sales Growth Last Month, First Time Since February 2021
The restaurant industry saw negative sales growth last month for the first time since February 2021, according to Black Box Financial Intelligence’s latest Restaurant Industry Performance Pulse.
Restaurant Sales, Traffic Continue To Struggle, Says Black Box
Black Box Financial Intelligence released its latest Restaurant Industry Performance Pulse today, and it shows restaurant sales and traffic have yet to rebound.
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