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home | Restaurant Economics

Consumer Spending Down
September 2010) The U.S. isn't falling back into recession, but growth has been disappointing, according to economists. The unemployment rate remains high, hovering around 10 percent, while two impor . . . keep reading

IBISWorld offers detailed business and economic outlook report on single location full-service restaurants in the U.S. (July 2010)
This is a detailed report on the restaurant sector that includes single location, independent or family-operated restaurants that are primarily engaged in providing food services to patrons who order . . . keep reading

Consumer confidence drops sharply in June. (July 2010)
The Conference Board Consumer Confidence Index, which increased for three consecutive months and reached its highest point in a year and half, now stands at 52.9, down from 62.7 in May. "Increasing un . . . keep reading

The National Federation of Independent Business Index (NFIB) of Small Business Optimism gained 1.6 points in May, increasing to 92.2. (July 2010)
Although not a strong signal of recovery, the index is headed in the right direction and is the best reading since September 2008 (92.9), just before the 5.4 point decline in October. Seven of the 10 . . . keep reading

Summer jobs have an even greater importance this year, not just to the temporary workers they employ, but a number of restaurants still struggling from an economic recession and challenges with recruitment. (July 2010)
Restaurants added roughly 428,000 jobs this summer season, a 4.6 percent increase over the March 2010 employment level, according to the National Restaurant Association. The restaurant industry . . . keep reading

U.S. restaurant traffic declines ease in first quarter, reports NPD. (July 2010)
Although restaurant traffic declined for the seventh consecutive quarter in the first quarter of 2010, it was by far not the steepest decline in past months, according to The NPD Group, a Chicago-bas . . . keep reading

Technomic forecasts modest improvement for the foodservice industry. (July 2010)
Research firm Technomic revised its 2010 U.S. foodservice industry outlook, which originally included a decline of 1.6 percent in growth, to include positive growth of 0.6 percent. "The most si . . . keep reading

Restaurant Industry outlook remained positive. (July 2010)
The outlook for the restaurant industry has remained positive, according to the National Restaurant Association's most recently recorded Restaurant Performance Index (RPI), a monthly composite index t . . . keep reading