How Are Millennials Disrupting the Restaurant Industry?
US restaurant and foodservice revenues are forecast to total $990 billion in 2021. Advances will be driven by increases in population and disposable personal income, as consumers dine out more often and purchase higher-priced offerings. Over the 2006-2016 period, revenues increased briskly, with 2009 representing the only year of decline as the recession prompted consumers to curb discretionary purchases.
November 8, 2017