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January 5, 2015
Wholesale Food Prices Fall Again, Menu Prices Tick Up Slightly
Food prices at the wholesale level fell in two of the three stages of processing again in December, while menu prices rose only 0.1%, according to the latest data from Bureau of Labor Statistics Producer Price and Consumer Price Indexes. Wholesale food prices at the “finished” level were down 0.6% in December after being flat…
January 5, 2015
In Spite Of Winter Doldrums, NRA’s Cap-Ex Measures Keep Rising
What’s surprising about January’s Restaurant Performance Index from the National Restaurant Association is how little the severe winter weather in much of the country affected sales and traffic. The overall index rose 0.2 point to 100.7, the 11th consecutive month the RPI has exceed 100, the tipping point between expansion and contraction. Meanwhile, the indicator…
January 5, 2015
FER Revises Up Estimate Of 2013 E&S Sales, Holds 2014 Forecast at 4.1%
In light of stronger than expected sales during the second half of last year, Foodservice Equipment Reports has revised upward its estimate of foodservice equipment and supplies sales for 2013. FER now estimates total industry E&S sales at the manufacturer level rose 4.5% last year to a total of $10.113 billion. Real growth for ’13…
January 5, 2015
June Jobs Report Bodes Well For Foodservice
It’s taken six years, but the employment situation in the U.S. economy is finally beginning to improve. And that bodes well for foodservice and the foodservice equipment and supplies market. The U.S. Bureau of Labor Statistics reported July 3 that the nonfarm payroll employment increased by 288,000 in June with widespread gains across almost all…
January 5, 2015
U.S. Macroeconomic Forecasts Remain Positive, Europe Not So Much
Major economists remain optimistic about the U.S. economy during the next 18 months, according to the latest consensus forecasts from Blue Chip Economic Indicators. The 50 leading economic groups polled monthly by Blue Chip foresee rising growth rates for disposable personal income and consumer spending the rest of this year and in 2015. They also…
January 5, 2015
Per Capita Restaurant Visits Continue To Decline
American consumers are sourcing more meals at home rather than at restaurants, according to new data released by The NPD Group as part of its annual “Eating Patterns in America” report. The report finds that a decline in restaurant usage and an increase in meals from home is one of the single biggest changes in…
January 5, 2015
Severity Of California Drought Prompts Mandated Water-Usage Cutbacks
While much of the country digs out of the snow, California is facing a severe drought, likely the worst and most prolonged period of dry weather since record-keeping began there more than 100 years ago. The state had no precipitation in January, normally its rainy month, and state officials say California’s reservoirs are 20% lower…
January 5, 2015
Energy Star Performance Scores On Tap Soon, But Data Is Needed
The National Restaurant Association and the Restaurant Facility Management Association are collaborating on an Energy Star performance score for restaurants. The effort is being conducted in partnership with the U.S. Department of Energy’s Better Buildings Alliance and Pacific Gas & Electric’s Food Service Technology Center. However, industry data regarding energy and water use is needed…
January 5, 2015
New CDC Survey Shows 57% Of Adults Use Menu Labeling
Two years after a federal law made menu labeling mandatory for some restaurants, a new survey reveals a small majority of Americans are using the information to influence their choices when ordering. The new report from the Centers for Disease Control and Prevention shows 57% of adults over 18 use menu-labeling information, such as calorie…
January 5, 2015
Cities In Indiana, Massachusetts, Mull Grease-Trap Regulations
Everyone loves New York, but no city wants to emulate at least one foodservice issue affecting the nation’s largest city. In 2013, 62% of a record 15,000 sewer-backup complaints there were caused by buildups of fat, oil and grease (FOG). Smaller cities are taking different approaches to combat the issue and finding different outcomes. Officials…
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