Economic News
March 30, 2022
Report Says Guest Satisfaction Declined Among All Restaurant Segments Last Year
As restaurants battled staffing challenges, COVID-related protocols and supply chain shortages last year that significantly impacted operations as restaurants were reopening, it appears overall guest satisfaction took a hit along the way.
March 22, 2022
MAFSI Barometer Shows a ‘Healthy Increase’ in Sales for Q4
Sales projections were nearly right on target, with Q4 sales growing 17.3% over Q4 2020. MAFSI predicts a 16.8% sales increase for Q1 2022.
March 18, 2022
Gas Prices Could Spell Trouble for March Restaurant Sales
The restaurant industry caught a bit of a break in February as a dip in the omicron variant led to the strongest monthly sales increase in nine months. However, the reprieve might be short-lived.
March 16, 2022
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.
March 2, 2022
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.
February 25, 2022
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.
February 24, 2022
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.
February 22, 2022
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.
February 18, 2022
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.
February 16, 2022
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
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