Food Engineering

Restaurant Industry Growth Continues

March 26, 2003


Projected sales of the restaurant industry will reach $354 billion this year, according to the National Restaurant Association's 1999 Restaurant Industry Forecast -- an increase of 4.6 percent compared to 1998. The forecast shows that consumers are expected to spend an average of $970 million per day on food prepared away from home in 1999, up from $927 million in 1998.