Dive Summary:
- The National Restaurant Association has released their 2013 Restaurant Industry Forecast, expecting total restaurants sales to top out at $660 billion dollars.
- This marks a 3.8% increase over 2012 as well as the continued growth of the restaurant industry over the past three years.
- The numbers come with a sense of relief and optimism, as the restaurant industry is one of the most profitable in the country, as well as one of the biggest job creators.
From the article:
“Despite a continued challenging operating environment, the restaurant industry remains a strong driver in the nation’s economy," said Dawn Sweeney, president and CEO of the National Restaurant Association (NRA). “Ours is a resilient and flexible industry that continually finds new ways to keep growing, relying on the creativity and innovation exhibited by the entrepreneurial spirit. In 2013, restaurant operators will continue to explore ways of navigating the rocky economic landscape to find the road to success."