Sales Trends [March 12, 2010]
Restaurant Sales Rose 0.9 Percent in February; Still Remained Below February 2009 Levels
Eating and drinking place sales registered a solid gain in February, according to preliminary figures from the U.S. Census Bureau. Eating and drinking place sales totaled a seasonally-adjusted $38.2 billion in February, up 0.9 percent from January’s sales volume of $37.9 billion... More »
Sales Trends [March 12, 2010]
Eating and Drinking Place Sales Stood Below 2009 Levels in January and February
Eating and drinking place sales remained below 2009 levels during the first two months of 2010, according to preliminary figures from the U.S. Census Bureau. On a year-to-date basis through February 2010, eating and drinking place sales declined 0.6 percent, after adjusting for seasonal, holiday and trading-day factors. In comparison, grocery store sales rose 3.0 percent on a year-to-date basis through February 2010. Meanwhile, total retail sales (excluding foodservice) were up a solid 4.5 percent during the first two months of 2010, after adjusting for seasonal, holiday and trading-day factors. More »
National Economic Trends [March 05, 2010]
Economy Lost 36,000 Jobs in February; More than 8.4 Million Jobs Lost During Recession
Although the national economy shed jobs in 25 of the last 26 months, losses moderated in recent months, according to preliminary figures from the Bureau of Labor Statistics. The economy lost a net 36,000 jobs in February on a seasonally-adjusted basis, which followed a decline of 26,000 jobs in January... More »
Restaurant Employment Trends [March 05, 2010]
Restaurants Added Jobs for the Second Consecutive Month; Still Down 283,000 Jobs Since the Recession Began
The restaurant industry added jobs for the second consecutive month in February, according to preliminary figures from the Bureau of Labor Statistics. Eating and drinking places – the primary component of the restaurant industry which accounts for roughly three-fourths of the total restaurant and foodservice workforce – added 400 jobs in February on a seasonally-adjusted basis, which followed an increase of 9,600 jobs in January... More »
Restaurant Performance Index [March 05, 2010]
Fine Dining Operators Reported Higher Same-Store Sales in January; Overall Same-Store Sales Remained Negative
After posting a moderate improvement in December, restaurant operators reported a softening in sales results in January, according to the National Restaurant Association’s Restaurant Industry Tracking Survey... More »
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