Economic News
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.
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.
February 6, 2024
Restaurant Industry Sales Forecast to Set Record
Operators are cautiously optimistic, with nearly 8 in 10 predicting their sales will increase or hold steady.
January 22, 2024
Restaurant Sales Keep Positive Trajectory
A report from the National Restaurant Association shows sales, adjusted for inflation, increased 4.2% during the last 10 months.
January 2, 2024
2024 State of the Foodservice Industry
As the industry normalizes, expect moderated sales growth, tamed inflation and a more stable job market.
November 27, 2023
How Restaurants Performed in October
Sales and traffic growth show positive signs, while quick-service marks the best performing segment.
November 20, 2023
MAFSI Barometer: Q3 Misses Expectations
MAFSI’s Q3 Foodservice Business Barometer shows overall sales growth for the quarter missed forecasts of 3.5%, instead dropping to 2%.
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