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The United States restaurant industry was projected at $899 billion in sales for 2020 by the National Restaurant Association, the main trade association for the industry in the United States. [1] [2] An estimated 99% of companies in the industry are family-owned small businesses with fewer than 50 employees. [3]
Signs on door of a Graeter's ice cream parlor in the Hyde Park neighborhood of Cincinnati during government-mandated closings. The COVID-19 pandemic impacted the United States restaurant industry via government closures, resulting in layoffs of workers and loss of income for restaurants and owners and threatening the survival of independent restaurants as a category.
The COVID-19 pandemic affects the global food industry as governments close down restaurants and bars to slow the spread of the virus. Across the world, restaurants' daily traffic dropped precipitously compared to the same period in 2019. [1] Closures of restaurants caused a ripple effect among related industries such as food production, liquor ...
This week, the Bureau of Labor Statistics reported that quits rates in the food service industry hit 6.8%, compared to an overall quits rate of 2.9%. Guggenheim analyst Gregory Francfort notes the ...
“The size of the restaurant workforce remains below pre-pandemic levels,” the National Restaurant Association said in August, following the July jobs report. “As of July 2023, eating and ...
Inflation Has Made Running a Restaurant Much More Expensive. Rising prices have hampered the restaurant industry’s recovery in two ways. First, inflation has increased the cost of doing business ...
BJ's Restaurant: Santa Ana, California: 1978 Huntington Beach, California: 212 Nationwide Operates as BJ's Restaurant & Brewery, BJ's Restaurant & Brewhouse, BJ's Grill, and BJ's Pizza & Grill. Black Bear Diner: Mount Shasta, California: 1995 Redding, California: 144 West Bob Evans Restaurant: Gallipolis, Ohio: 1948 New Albany, Ohio: 440 Mid ...
The National Restaurant Association is a powerful lobbying force in Washington, DC and in state capitals, where it is widely referred to as "the other NRA" to distinguish itself from National Rifle Association of America, which shares the initialism. The association advocates to suppress the minimum wage in the United States as well as opposing ...
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related to: restaurant operating statistics by industry