Economic News
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.
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.
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