The restaurant industry has long been a bright point in the economy, even considering the recent financial downturn.
Though the weather outside was frequently frightful, the restaurant industry did not seem to suffer for it in January.
Restaurants must appeal to their bottom lines more than any other industry, and recent changes in the weather and government regulations have harmed their ability to do this.
While growth in the restaurant industry has been ongoing for years, experts believe 2014 should be a milestone of growth, especially for the quick service segment.
2014 is expected to be another year of growth for the restaurant industry, even in the light of difficulties regarding the economy, according to the latest report from the National Restaurant Association.
While the restaurant industry saw its market share fall in December, there are many reasons for these issues, including severe weather and problems with the winter shopping season caused by a late Thanksgiving holiday.
The latest information regarding the Restaurant Performance Index for the month of December saw positive results for the tenth consecutive month, and while there was a slight decline in its figures, that was mostly due to factors outside of owners’ control.
According to the latest Restaurant Performance Index, released by the National Restaurant Association, November saw the restaurant industry continue to rebound from a mediocre summer and hit its highest levels since June.