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Technomic Inc. predicts foodservice real operator sales will fall 0.3% next year, an unprecedented fourth consecutive year of real sales declines. The Chicago-based research group…
MOREThe slightest possible gain in the National Restaurant Association’s Performance Index couldn’t mask the fact that the restaurant industry continues to struggle. The index rose…
MORERestaurant traffic fell 1% in the second quarter versus the same quarter last year, according to NPD Group’s CREST research. It is the eighth consecutive…
MOREThe slowdown in the growth of consumer spending over the summer has led economists to cut their forecasts of most key economic measures. Forecast growth…
MOREWhile the Blue Chip Economic Indicators’ economists cut the U.S. forecasts, the economic outlooks for many countries in Europe and Asia improved, especially in Europe.…
MOREAccording to Technomic Inc., the wealthiest 25% of households in the U.S. account for nearly 50% of all foodservice spending. Their cutbacks during The Great…
MOREWholesale food prices for so-called “finished” foods fell 0.3 in August, according to the Bureau of Labor Statistics’ Producer Price Index data, released Sept. 16.…
MOREFoodservice Equipment Reports’ E&S Market Forecast package is available for purchase for $449. Purchasers will receive the entire seven-section forecast, including detailed data and analysis…
MOREThe two capital expenditure measures that are part of the National Restaurant Association’s Restaurant Performance Index rose in July, even while the overall index fell…
MOREThe baby boomers strike again. NPD Group expects foodservice traffic to grow less than 1%, as baby boomers age and dine out less frequently over…
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