Economic News

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Restaurants Are Returning to Pre-Covid Levels or Better But Can’t Meet Demand, Says Study

Over half of operators say they don’t have enough staff to handle summer business, and one-third currently aren’t operating at full capacity.  

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MAFSI Reports ‘Strong’ But Softening Q1 Sales

First-quarter sales were just shy of the forecast gain of 16.8% at 15.2%, according to MAFSI's latest business barometer.

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Restaurant Traffic Hits New Low, But Sales Trend Higher

The industry had its second-lowest traffic growth rate this year for the week ending June 5, but sales still continue to trend upward.

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5 Ways To Help Dealers Amid Market Challenges

Singer Equipment Co. offers operators tips on how they can partner with dealerships to mitigate market challenges. Hint: Expect the unexpected.

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Sales Growth Streak Continues for Restaurants Despite Traffic Losses

For the last 11 consecutive weeks, restaurant traffic has declined, but restaurants are managing to hold on to positive sales growth year over year.

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April Foodservice Sales Surpass 2019 Levels

Foodservice industry sales are exceeding pre-pandemic levels for the first time since last summer.

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Incentivizing Teens, Young Adults Could Be Key To Staffing Restaurants This Summer

Slight increases in workforce participation rates for 16- to 24-year-olds would significantly add to the labor pool.

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Middle-Income Consumers Ordering From Restaurants Less

Ever-rising food away from home prices and record inflation may be to blame for more consumers cutting back on ordering from restaurants.

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Full-Service Meal Prices Soar to Record Highs

Full-service meal prices hit a record high in April, while food away from home prices overall continue to rise.

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Restaurant Industry Adds More Jobs in April

Though employment remains down from pre-pandemic levels, the industry continues to see monthly gains.

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