State of the Industry and More Restaurant Research
Modern Restaurant Management
MARCH 3, 2023
Key findings illustrating the industry's economic conditions include: Growth will continue : The foodservice industry is forecast to reach $997 billion in sales in 2023, driven in part by higher menu prices. The average Valentine’s Day dinner with food, drinks, and tip cost diners $121 in 2023. million by the end of 2023.
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