Economic News
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.
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.
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.
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.
September 13, 2022
Continued Rising Food Costs Contribute to Inflation Increasing 0.1% in August
Full-service meal prices are up 9%, and limited-service meal prices are up 7.2% year-over-year.
September 7, 2022
FEA Outlook Survey Shows Optimism, Though Same Economic Concerns Persist
Of those surveyed, 83% anticipate business growth of at least 5% over the next year.
August 31, 2022
July RPI Falls for Second Consecutive Month
The National Restaurant Association’s Restaurant Performance Index, which tracks the health of the U.S. restaurant industry, took a dip in July, falling 0.5% to 100.8.
August 24, 2022
Inflation-Adjusted Restaurant Sales Declined in July
While nominal restaurant spending increased for the sixth consecutive month in July, inflation-adjusted sales told a different story.
August 18, 2022
Economic Conditions Are Disrupting Restaurant Operations, Says New Survey
Nearly half of operators report that business conditions are worse than they were three months ago.
August 15, 2022
Restaurant Spending Sees ‘Surprise’ Uptick
The restaurant spending index rose 3.75% from July to August, according to the latest economy and spending report from Chain Store Guide.
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