Technomic Inc. has revised upward its forecast for U.S. foodservice industry sales this year, citing such factors as increased consumer spending and job creation. The Chicago-based research firm said this week that it now expects foodservice sales in 2010 to grow 0.6 percent on a nominal basis, which assumes an inflation rate of 1.5 percent. Technomic had earlier projected industry sales to fall 1.6 percent. In 2009, the industry’s sales contracted 3.5 percent in nominal terms, with an ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Questions about your account or how to access content?