Modern Restaurant Management

MARCH 21, 2024

It also ended with continued economic growth and low unemployment, making it a profitable, yet challenging year for small businesses in the food service industry. However, a tight labor market and stubbornly high food prices will continue to weigh on restaurant margins in 2024. Census Bureau.

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Culinary Services Group

SEPTEMBER 25, 2024

However, almost three years later, the prognosis for food prices isn’t getting any better. Bureau of Labor Statistics (BLS) reports that the Consumer Price Index for All Urban Consumers (CPI-U) rose 0.2% again in August, continuing a pattern of increased prices since the beginning of the year. All in all, the U.S.

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Modern Restaurant Management

JANUARY 31, 2020

The report found that most local economies nationwide slumped in 2019, down 1.3 percent from the previous year, led by underperformance in restaurant, food and nightlight categories, as well as brick-and-mortar shops. percent, largely contributed to the 2019 drop and marked the largest quarter-over-quarter decline since 2018. .

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