The restaurant industry is heading in the right direction. In its annual State of the Restaurant Industry Report, the National Restaurant Association outlined how the business is faring and what operators can expect over the next decade.
“The restaurant industry is on a continued growth trajectory, driven by an expanding U.S. economy and positive consumer sentiment,” Dawn Sweeney, president and chief executive officer, National Restaurant Association, said in a statement. “2019 marks the Association’s centennial anniversary, and the comprehensive analysis contained in this report provides a firm foundation for restaurant owners and operators to make decisions about the future of their businesses.”
The report contained several noteworthy findings:
- Restaurant sales are predicted to be over $860 billion in 2019
- 15.3 million individuals currently work in the restaurant industry, which represents a 19.6% increase from 2009
- Substantial increase from 2017 in the percentage of customers more likely to get their food delivered (38% of adults, 50% of millennials)
For more important statistics included in the report that impact your restaurant, please visit QSR Magazine.