Economic News
October 31, 2022
How Restaurants Performed in September
The decline in guest count continues to be the industry’s biggest challenge, says Black Box Intelligence.
October 27, 2022
4 Trend Predictions for 2023
A return to on-premise dining and employees’ calls for better working conditions are among trend predictions for 2023.
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.
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.
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.
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.
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.
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.
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.
- Advertisement -
- Advertisement -
TRENDING NOW
- Advertisement -
- Advertisement -
- Advertisement -
- Advertisement -