Economic News

McDonalds Brands That Are Beating Inflation 1200x800
October 26, 2022

Restaurant Reviews Mentioning Inflation Intensify in Q3

More consumers are searching for budget dining options amid high prices, according to a new report from Yelp.

September Consumer Price Index 1200x800 1
October 13, 2022

September CPI Rises 0.4%, With Food Cited as One of the Top Contributors

The food away from home index rose 0.9% last month, with menu prices now up 8.5% year-over-year.

Black Box Intelligene Q3 1200x800 1
October 13, 2022

4 Takeaways From Black Box’s Q3 Report

While large check growth helped restaurant sales in the third quarter, it negatively impacted traffic, according to Black Box Intelligence’s Q3 report.

Resetaurant staffing 1200x800 1
October 7, 2022

Restaurant Job Growth Picks Up in September

The industry added 60,000 jobs last month but remains 4.5% below pre-pandemic staffing levels.

Canada coffee The NPD Group 1200x800 1
September 23, 2022

Coffee Orders Rebound in Canada but Remain Down From Pre-Pandemic Levels

Restaurant coffee orders were up 13% for the year ending July 2022 but were still down 15% from three years ago.

First Insight The State of Consumer Spending 1200x800 1
September 22, 2022

Dining Out Tops List of Where Consumers Worldwide Are Cutting Back Spending

A new report by First Insight surveys consumers in France, Germany, Italy, Spain, the U.K. and the U.S. to measure the effects of the “cost of living crisis” on spending.

Business dining index Dinova technomic 1200x800 1
September 22, 2022

Business Dining Improves in Q2, Though Inflation Could Delay Full Recovery   

Dinova and Technomic predict the business dining index will reach 89 in Q3 but may stall in Q4 as economic conditions present challenges.

MAFSI 1200x800 1
September 19, 2022

MAFSI Barometer Shows Q2 Sales Exceed Forecast Gain

Sales for the second quarter increased 14.3%, while MAFSI says the industry continues to normalize.

Black Box Intelligence August 1200x800 1
September 19, 2022

Consumer Confidence, Higher Menu Prices Drive August Sales Growth

Same-store sales growth for the month was 5.3%, a “significant” increase of 4.6 percentage points over July’s growth rate, says Black Box Intelligence.

Inflation Restaurant Menu Price Increases 1200x800 1
September 16, 2022

Are Price Hikes Impacting Restaurant Consumers?

New reports explore inflation’s impact on consumers and offer operators tips to prevent losing out.

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