The National Restaurant Association is projecting record foodservice sales in 2016 as consumers eat out more often —their finances improved by years of saving, an improving economy and lower gas prices. The trade group is projecting sales of $782.7 billion in 2016, according to the forecast. That’s a 5 percent increase over 2015’s sales volume of $745.6 billion. Assuming that projection holds, that would be a 2.1-percent increase when adjusted for inflation — the ...
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Contact: Desiree Torres Desiree.Torres@penton.com