National Economic Trends [February 03, 2012]
National Economy Added 243,000 Jobs in January; Jobless Rate Fell to a Three-Year Low
The national economy got off to a solid start in 2012, according to preliminary figures from the Bureau of Labor Statistics (BLS). The economy added 243,000 jobs in January on a seasonally-adjusted basis, the third consecutive monthly acceleration and strongest gain since April 2011... More »
Restaurant Employment Trends [February 03, 2012]
Restaurants Added More than 300,000 Jobs in Last 12 Months; Surpassed Pre-Recession Employment Peak
The restaurant industry continued to be one of the steadiest job creators in the economy, according to preliminary figures from the Bureau of Labor Statistics (BLS). 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 32,800 jobs in January, their 12th consecutive monthly gain for a total of more than 303,000 jobs... More »
Restaurant Performance Index [February 03, 2012]
Restaurant Industry Outlook Improved as the Restaurant Performance Index Rose to Its Highest Level in Six Years
Fueled by solid same-store sales and traffic results and a bullish outlook among restaurant operators, the National Restaurant Association’s Restaurant Performance Index (RPI) rose sharply in December... More »
Restaurant Performance Index [February 03, 2012]
Restaurant Operators Reported Strong Same-Store Sales in December
Building on a solid November performance that saw the strongest same-store sales results in more than four years, restaurant operators reported even better numbers in December, according to the National Restaurant Association’s Restaurant Industry Tracking Survey... More »
Restaurant Performance Index [February 03, 2012]
Restaurant Operators’ Outlook for Capital Spending Hit a Four-Year High
In addition to positive sales and traffic levels, capital spending activity among restaurant operators continues to trend upward. Forty-eight percent of operators said they made a capital expenditure for equipment, expansion or remodeling during the last three months, the highest level in six months... More »
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