National Restaurant Industry Facts
An integral part of the U.S. economy...
- Total U.S. restaurant industry sales are projected to reach $407.8 billion in 2002 - up 3.9% over 2001.
- 2002 will mark the 11th consecutive year of real growth in the restaurant industry.
- There are 857,000 locations nationwide that offer foodservice - up from 491,000 in 1972.
- The restaurant industry share of the food dollar is 45.8 percent, compared with only 25 percent in 1955. Projections indicate that by the year 2010, 53 percent of the food dollar will be spent away from home.
- The restaurant industry employs 11.6 million people, making it the nation's largest private sector employer.
- More than 37 percent of all adults have worked in the restaurant industry at some point in their lives.
- 8 out of 10 salaried restaurant employees started as hourly employees.
- Consumers in the U.S. will spend an average of nearly $1.1 billion per day on food prepared away from home in 2002.
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Michigan Restaurant Industry Facts National Restaurant Industry Facts 2002 Michigan Restaurant Industry Forecast 2002 National Restaurant Industry Forecast National Industry Overview
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