Economic News

January 14, 2025

2025 State of the Foodservice Industry

After spending much of the past three years getting singed by a hot labor market and slogging through stickier-than-expected inflation, restaurant operators are cautiously, modestly optimistic heading into 2025, industry analysts say.

December 6, 2024

Following Negative Results, Reps Predict Better Year Ahead

The third quarter of 2024 was the second consecutive quarter of negative growth.

October 4, 2024

New Research Report Tracks Labor Trends

Turnover rates, compensation increases and new-hire diversity mark a few areas on which Black Box Intelligence collected data.

September 30, 2024

Restaurants May See a Stronger Q4 Than Expected

Improvements in sales, traffic and staffing give hope for a brighter future, says Black Box Intelligence.

September 11, 2024

Reps Forecast Continued Sales Decline, Rebound Ahead

Hopefully the industry is bottoming out, says Mike Posternak, and a rebound will start in the fourth quarter or early next year.

June 27, 2024

Q1 Sales Flatline, Though ‘Hope Remains’

According to MAFSI’s newly released Q1 Business Barometer, sales have now declined for the 11th consecutive quarter, though a second-half rebound might still be possible. In Q1/24, sales were flat at 0%, a slight slip from the .5% increase MAFSI predicted in its last edition. By comparison, sales were up 6.6% in Q1/23. “At zero…

May 28, 2024

Summer Jobs Heat Up

If predictions are met, it would be the first time demand has surpassed 525,000 jobs for two consecutive summers.

Selective focus of woman hand with credit card which she is a receipt bill food and drink for payment by credit card in the table at restaurant

May 7, 2024

5 Restaurant Guest Perspectives From Q1

In a May 7 webinar, Technomic’s director of research and insights highlights fresh industry data.

April 19, 2024

Chains Grow Unit Count at Highest Rate in Years

Technomic says an upswing in openings, plus rising prices, helped grow Top 500 chain restaurant sales.

April 2, 2024

MAFSI Barometer: Sales Fall, Hopes Rise for 2024

Overall sales once again came in lower than expected in Q4, but the forecast for 2024 is optimistic.

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