Tag "industry economics"

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7 in 10 consumers still hold back on spending

Restaurants have been among the strongest consumer sectors during 2015, with sales rising in eight of the last nine months.

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Washington Restaurant Market Watch: Restaurants look forward to Black Friday

Black Friday is always a big deal for retailers and the restaurants that are there to take advantage of those great first-day-after Thanksgiving deals that kick off the winter holiday season.

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Consumer sentiment holds firm during choppiness

Before October’s strong employment report, the economic narrative during last three months was marked by dampened job growth and choppiness in the stock market.

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Support for minimum wage increases done the right way

“We are in support of an increase in minimum wage done the right way. We have learned through local discussions that there are ways to support neighborhood restaurants and raise compensation for employees,” said Anthony Anton.

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Washington Restaurant Market Watch: Hispanics find incredible opportunities in restaurants

It’s Hispanic Heritage Month in the U.S. – a time when we celebrate the many achievements and contributions of Hispanic Americans.

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Higher-income households surpass pre-recession levels

Higher-income households account for nearly six in 10 dollars spent in restaurants, and their numbers finally rose above pre-recession levels in 2014, according to the NRA’s chief economist Bruce Grindy.

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Washington Restaurant Market Watch: Grass-fed bison finds wide popularity with health conscious consumers

There was a time within recent memory when it was unusual to find bison on restaurant menus outside of the Rocky Mountains or Great Plains states. This is no longer the case.

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Labor Shortage May Be Making a Comeback

Restaurants have added more than 1.8 million jobs since the end of the recession, and the expectation is for continued growth in the months ahead.  However, there are indications that

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Washington Restaurant Market Watch: Restaurants find new ways to cope with a tight labor market

Restaurants are responding to the realities of this tight labor market by looking online for employees.

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Assess your buys as food costs rise

Wholesale food prices continue to increase, jumping more than 5 percent in 2014 and nearly 25 percent during the last five years, according to the National Restaurant Association’s 2015 Restaurant Industry Forecast.

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Restaurant industry added more than 9,000 locations in 2014

The restaurant industry added a net 9,022 establishments in 2014, which represented the fifth consecutive year with gains of at least 7,000 locations.