Restaurant Industry Sales 2020. Oct 13, 2020 · 2020 was expected to be a big year for the restau
Oct 13, 2020 · 2020 was expected to be a big year for the restaurant industry. The US restaurant industry was projected at $899 billion (~$1. Consumers will continue to be the driving force in the economy, buoyed by a healthy labor market and strong household balance sheets. In a year of unthinkably large percentages, that -22. economy in 2024 dollars, based on estimates of publicly available 2022 data. restaurant and foodservice industry and represent approximately 72% of total restaurant and foodservice sales. Feb 27, 2020 · Washington, D. The industry is expected to record sales volume in 2024, and every dollar spent in restaurants contributes $2. The US restaurant industry made $898 billion in sales over 2022, up $166. Note: Eating and drinking places are the primary component of the U. Jun 17, 2025 · Explore the latest restaurant industry statistics for 2025, including trends in tech, staffing, inventory, and profitability to guide smarter decisions. 2 days ago · Conclusion The restaurant industry in Canada has been severely affected by the COVID-19 pandemic, with many operating at a loss while people could not visit restaurants. Food sales at foodservice outlets were $928. Payroll & HR Solutions for Compliance-Centric Industries From cannabis to gaming, we help businesses navigate payroll, HR, and compliance with industry-specific solutions. – Today, the National Restaurant Association released its 2023 State of the Restaurant Industry report, which examines key factors impacting the industry including the current state of the economy, operations, workforce, and food and menu trends to forecast sales and market trends for the year ahead. Feb 27, 2020 · /PRNewswire/ -- Today, the National Restaurant Association released its 2020 State of the Restaurant Industry Report which examines key factors impacting the The restaurant and foodservice industry is the nation’s second largest private employer, with more than 15. 5M people working at more than 1M outlets and is the nation’s most diverse industry. 2010-2024 Food service sector sales Philippines 2019-2027 Regular analysis of the economic indicators that affect the restaurant industry and your business. 9 billion, with full-service establishments supplying $274. This list includes all restaurant management statistics and trends every restaurant owner should know. A total of 110,000 restaurant locations were closed temporarily or permanently over the pandemic in 2020. 4T in output (or sales) to the U. [2][3] An estimated 99 percent of companies in the industry are family-owned small businesses with fewer than 50 employees. Track your personal stock portfolios and watch lists, and automatically determine your day gain and total gain at Yahoo Finance Jan 14, 2026 · Nation’s Restaurant News Key tailwinds for the restaurant industry in 2026 While the expectation is modest growth, some factors such as lower gas prices, tax cuts, and the FIFA World Cup could Jun 20, 2025 · Restaurant industry sales revenue in Japan 2019-2024 Number of employees in the restaurant industry in the U. But now, seven months into the segment’s worst economic crisis on record, the industry is expected to generate only $659 billion in sales, resulting in a Feb 27, 2020 · /PRNewswire/ -- Today, the National Restaurant Association released its 2020 State of the Restaurant Industry Report which examines key factors impacting the Feb 28, 2020 · The National Restaurant Association released its 2020 State of the Restaurant Industry Report which examines key factors impacting the restaurant industry including the current state of the economy, operations, workforce, and food and menu trends across segments from quick-service to fine dining. Oct 10, 2025 · Find statistics, consumer survey results and industry studies from over 22,500 sources on over 60,000 topics on the internet's leading statistics database Jun 20, 2025 · Restaurant industry sales revenue in Japan 2019-2024 Number of employees in the restaurant industry in the U. Jan 12, 2026 · GSA establishes the maximum CONUS (Continental United States) Per Diem rates for federal travel customers. At the National Restaurant Association, we strive to help every one of our members build customer loyalty, find financial success and provide rewarding careers in foodservice. The report is an authoritative look at the industry and its opportunities May 19, 2020 · We lay out potential timelines for the US restaurant industry’s recovery—and actions that restaurants should take to cater to consumers’ new dining needs and preferences. Challenges remain, however, as operators navigate labor pressures and Jun 2, 2020 · As states across the country reopen their economies, the restaurant industry is showing signs of recovery after stay-at-home orders and social distancing measures caused sales to crater. It is based on analysis and forecasts by National Restaurant Association economists and surveys of restaurant operators and consumers conducted throughout the year.