Restaurant Business and the U.S. Economy: A Pictorial Look at the State of a Hungry Nation

THE RESTAURANT INDUSTRY'S IMPACT ON THE U.S. ECONOMY The restaurant industry made impressive strides in 2011, despite a lackluster post-recession economy. Here's a look at how the industry makes an impact on the economy. FSW Dincr 130 million people will be restaurant patrons lin a single day $1.7 billion spent each day $630 billion expected profits for 2012 $1.5 trillion impact on overall US economy %3D Every dollar spent in a restaurant generates $2.05 spent in the overall economy JOB RESTAURANT INDUSTRY U.S. ECONOMY GROWTH 1.3% 2.3% The restaurant industry's job growth has outran the overall economy's for 12 straight years $1.000,000 The restaurant industry expects to add 1.4 million jobs by 2020 EVERY $1,000,000 IN RESTAURANT SALES GENERATES 33 JOBS One in 4 adults got their first job in a restaurant The restaurant 50% of adults have worked in the restaurant industry 80% of restaurant owners started as entry level restaurant workers industry employs 12.9 million people, 10% of the overall workforce The U.S. restaurant industry's sales are larger than 90% of the world's economies Or roughly equal to the GDP of Switzerland TRAVELERS AND TOURISTS Make up 15% of quick service sales 25% of casual dining sales 40% of fine-dining sales TOP THREE STATES FOR SALES VOLUME #1 California: $61.6 Billion #3 New York: $30.7 Billion Texas: #2 36.7 Billion The restaurant industry is truly an economic juggernaut. It is an integral part of America's economy and will continue to help lead the way to economic recovery. If trends continue forward, 2012 promises to bring even more growth and prosperity to the industry and the country. Presented by FOOD SERVICE FSW WAREHOUSE Sources: National Restaurant Association. "2012 Restaurant Industry Pocket Factbook." Accessed February 17. 2012. http://www.restaurant.org/pdfs/research/PocketFactbook_2012.pdf Grabstats.com. "Restaurant Industry Statistics." Accessed February 17, 2012. http://grabstats.com/statcategorymain.asp?StatCetiD=23 National Restaurant Association. "State Stetistics." Accessed February 17, 2012 http://www.restaurant.oarg/research/state/ National Restaurant Association. "2011 Restaurant Industry Forecast." Accessed February 17, 2012. http://www.restaurant.org/pdfs/research/forecast _201.pdf THE RESTAURANT INDUSTRY'S IMPACT ON THE U.S. ECONOMY The restaurant industry made impressive strides in 2011, despite a lackluster post-recession economy. Here's a look at how the industry makes an impact on the economy. FSW Dincr 130 million people will be restaurant patrons lin a single day $1.7 billion spent each day $630 billion expected profits for 2012 $1.5 trillion impact on overall US economy %3D Every dollar spent in a restaurant generates $2.05 spent in the overall economy JOB RESTAURANT INDUSTRY U.S. ECONOMY GROWTH 1.3% 2.3% The restaurant industry's job growth has outran the overall economy's for 12 straight years $1.000,000 The restaurant industry expects to add 1.4 million jobs by 2020 EVERY $1,000,000 IN RESTAURANT SALES GENERATES 33 JOBS One in 4 adults got their first job in a restaurant The restaurant 50% of adults have worked in the restaurant industry 80% of restaurant owners started as entry level restaurant workers industry employs 12.9 million people, 10% of the overall workforce The U.S. restaurant industry's sales are larger than 90% of the world's economies Or roughly equal to the GDP of Switzerland TRAVELERS AND TOURISTS Make up 15% of quick service sales 25% of casual dining sales 40% of fine-dining sales TOP THREE STATES FOR SALES VOLUME #1 California: $61.6 Billion #3 New York: $30.7 Billion Texas: #2 36.7 Billion The restaurant industry is truly an economic juggernaut. It is an integral part of America's economy and will continue to help lead the way to economic recovery. If trends continue forward, 2012 promises to bring even more growth and prosperity to the industry and the country. Presented by FOOD SERVICE FSW WAREHOUSE Sources: National Restaurant Association. "2012 Restaurant Industry Pocket Factbook." Accessed February 17. 2012. http://www.restaurant.org/pdfs/research/PocketFactbook_2012.pdf Grabstats.com. "Restaurant Industry Statistics." Accessed February 17, 2012. http://grabstats.com/statcategorymain.asp?StatCetiD=23 National Restaurant Association. "State Stetistics." Accessed February 17, 2012 http://www.restaurant.oarg/research/state/ National Restaurant Association. "2011 Restaurant Industry Forecast." Accessed February 17, 2012. http://www.restaurant.org/pdfs/research/forecast _201.pdf