Economic News

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%.

October 9, 2023

Chicago Eliminates Tipped Minimum Wage

On the heels of the motion, the National Restaurant Association sheds light on the impact seen in Washington, D.C.

September 19, 2023

Datassential Offers Sneak Peek at 2024

The industry continues to stabilize while operators tackle rising costs and labor and supply shortages.

September 12, 2023

MAFSI Barometer: Sales Growth Continues To Slow

Reduced demand and higher prices will likely lead to even slower growth ahead.

July 10, 2023

Pros, Cons of Q1, By Way of MAFSI’s New Barometer

Manufacturers are reporting a ‘sharp’ decline in lead times, but quarterly sales also dipped below expectations.

June 20, 2023

Restaurant Sales ‘Modestly Higher’ in May

The National Restaurant Association reports sales were up 0.4% from April.

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