Economic News

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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January Restaurant Sales Dip for Second Consecutive Month

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.

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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.

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