April Foodservice Sales Surpass 2019 Levels

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Foodservice industry sales are beginning to climb above pre-pandemic levels for the first time since last summer, according to Technomic's TIndex report. Courtesy of Technomic.

Foodservice industry sales are exceeding pre-pandemic levels for the first time since last summer.

According to Technomic’s latest TIndex, an ongoing monthly index that provides a benchmark for the industry, April’s TIndex was 102.9, meaning sales were 2.9 percentage points higher than in April 2019.

Until this spring, foodservice industry sales hadn’t exceeded 2019 levels since last summer when the June TIndex reached a high of 101.8, representing a 1.8 percentage point increase over June 2019. July’s TIndex sat above 2019 levels as well, at 101.1, before dipping for the next six months. At the start of the year, sales slowly began to increase once again.

The TIndex includes inflation and is based on several datasets, including operator transaction, consumer visit tracking and distributor sales information. Technomic says all data is weighted and evaluated to align with a representation of the total U.S. foodservice industry.

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