Economic News
December 6, 2021
Technomic Predicts Global Restaurant Trends for 2022
From egg sandwiches gaining popularity to delivery kitchens losing steam, Technomic made its predictions on what it believes will be the six biggest trends for the coming year in its “2022 Global Restaurant Trends Forecast.”
December 2, 2021
October TIndex Shows Slight Decline in Foodservice Industry
Technomic cites softness in travel and leisure and less traffic for independents as reasons for the decline.
December 2, 2021
SHFM’s 2021 Benchmarking Study Illustrates Rising Costs and Check Averages
The Society for Hospitality and Foodservice Management released its “2021 Industry Standards and Benchmark Comparisons” study, and it puts numbers to trends that have become apparent in the industry—including rising product and labor costs and increasing check averages.
December 1, 2021
Holiday Season Starts Strong for Restaurants, Says Black Box
The holiday season is off to a good start for restaurants, according to Black Box Financial Intelligence’s latest “Restaurant Industry Performance Pulse.”
December 1, 2021
2022 State of the Foodservice Industry
What a ride 2021 has been. The year started with the country in the midst of a COVID surge, with widespread office and school closures, and many jurisdictions mandating dining restrictions. By spring and early summer, as vaccination levels soared and COVID cases plummeted, foodservice industry sales quickly accelerated. Driven by a pent-up desire to…
November 29, 2021
Singer’s CEO Offers Tips for Navigating Industry Challenges
Fred Singer says planning ahead and finding ways to automate labor will help operators as industry challenges persist.
November 17, 2021
Restaurant Sales Growth Rebounds, Says Black Box
Restaurant sales have picked back up after a downturn last week, according to Black Box Financial Intelligence’s weekly “Restaurant Industry Performance Pulse.”
November 8, 2021
Restaurant Job Growth Picks Back Up in October
After restaurant job growth stalled in August and September, it picked back up last month, with 119,400 jobs added.
November 3, 2021
Diners in Different Parts of the World Still Hesitant To Eat Inside
While restaurant customers have returned to indoor dining in some parts of the world, a new global study by Technomic shows that many people still aren’t ready for it.
October 27, 2021
Restaurant Traffic and Sales Improve After Four Slower Weeks
The restaurant industry had the best week it’s had in four weeks, according to Black Box Financial Intelligence’s latest Restaurant Industry Performance Pulse.
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