2014 Restaurant Industry Forecast
The National Restaurant Association’s comprehensive, annual outlook for and overview of the U.S. restaurant industry, covering national and state-by-state sales and employment forecasts, as well as workforce, segment, consumer, technology and menu trends. The 2014 edition of this report is divided into six parts by topic that can be used separately, or combined into a 360-degree view of the industry.
Driven by a stronger economy and historically high levels of pent-up demand among consumers, restaurant-industry sales are expected to hit a record high of $683.4 billion in 2014. Although this will represent the fifth consecutive year of real growth in restaurant sales, the gains remain below what would be expected during a normal post-recession period due to a range of challenges. However, the restaurant industry will remain the nation’s second-largest private sector employer with a workforce of 13.5 million.
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Restaurant Industry 2014 at a Glance