--- layout: default_v3 language: default permalink: restaurant-industry/restaurant-industry-statistics.html i18n_link: 3479 updated: 2023-01-11 #--- article key-values ---# collection: default_topiccluster t_keyword: Restaurant Industry Statistics tags: restaurant industry, restaurant industry trends, restaurant industry future, future of restaurant industry, invest in restaurant industry, restaurant industry failures, restaurant industry statistics type: supporting page_id: 3479 hreflang_id: 3479 parent_id: 6284 date_published: 2021-04-16 date_modified: 2023-01-11 #--- javascript schema ---# javascript_schema: - script: jquery_3_2_0_min - script: bootstrap_min - script: article_infinite_scroll - script: article_mix_infinitescroll - script: article_mix - script: article_mix_faq - script: article_mix_toc #--- section schema ---# section_schema: - section: nav-main_menu - section: article_body_v2 - section: footer - section: schedule_demo_cta #--- page key-values ---# meta_tags: t_meta_title: Restaurant Industry Statistics- What You Need to Know t_meta_description: Restaurant industry statistics provide both relevant information and actionable insights. t_meta_abstract: Restaurant industry statistics provide both relevant information and actionable insights. i_meta_image: article_body: json-ld_article: v_date_published: 2021-04-16 v_date_modified: 2023-01-11 author: p_author_id: 203 t_author: Priyanka Bhadani p_author_url: priyanka-bhadani.html i_author: 203.png t_author_description: Mary Kate Morrow is a writer, editor, and social media professional currently employed as a Digital Content Writer at Altametrics. She previously graduated with both a Bachelors degree in English Language and Literature and a Bachelors degree in Gender Studies from the University of California, Los Angeles. p_author_facebook: //www.facebook.com/HubWorksApp p_author_twitter: https://twitter.com/HubworksApp p_author_linkedin: p_author_instagram: feature_snippet: p_type: text t_title: t_description: content: heading: t_title: Restaurant Industry Statistics- What You Need to Know t_description: Restaurant industry statistics provide both relevant information and actionable insights. image: i_image: restaurant-industry-statistics-what-you-need-to-know-1617933509-9816.png t_image_description: national restaurant association restaurant food services terms use v_image_attribution: //pixabay.com/vectors/interface-internet-program-browser-3614766/ v_image_license: Creative Commons Zero v_video: paragraphs: - t_headline: The Top Restaurant Industry Statistics t_text: National Restaurant Association and Bureau Labor Statistics supply restaurant industry professionals with relevant data. Gaining a better understanding of the restaurant industry through industry statistics helps small business and large restaurant owners alike. The Restaurant Performance Index indicates that any number over 100 is classified as growth. As of May 2019, the Restaurant Performance Index was 101.6. Top restaurant statistics include-

Although the covid pandemic hit the restaurant industry hardest, future industry trends and growth potential are positive. Industry statistics analyze everything from third party food delivery services to social media online reviews from customers. Covid pandemic restaurant industry statistics hold a wealth of valuable data and actionable insights. In fact, the statistics restaurant owners review directly influence the service restaurants deliver customers. p_headline_type: h2 image: i_image: t_description: v_attribution: v_license: video: v_video: DZxjA0Fbemc v_video_language: default t_name: State of the Restaurant Industry 2021 - Predictions and a look back on 2020. t_description: WATCH THIS VIDEO ON OUR WEBSITE- //therestaurantboss.com/state-restaurant-industry-predictions-2021-----------------------------------------------------------------------------------This is honestly my favorite video to do each year and this year feels even more special (and needed). Have a watch and let me know if you agree with where I predict the restaurant industry is headed in 2021 and beyond. I even donned my suit and tie (t-shirt) for the occasion! -----------------------------------------------------------------------------------***GHOST KITCHEN BOOTCAMP DISCOUNT CODE***We were only going to discount our Ghost Kitchen Bootcamp course for 24 hours but then we thought hey, let's go ahead and do an offer for everyone else! Get $10 off with coupon code GKB2021----------------------------------------------------------------------------------- Hit Subscribe or click the bell so you don't miss out on any new videos! FREE RESTAURANT TRAINING TIPS-//TheRestaurantBoss.com LEARN MORE ABOUT SCALE-//ScaleMyRestaurant.com/ LEARN MORE ABOUT BACON-//clickBACON.com LEARN MORE ABOUT RESTAURANT MANAGER CERTIFICATION (RMC)-//TheRestaurantBoss.com/programs/rmc/ LEARN MORE ABOUT GHOST KITCHEN BOOTCAMP (GKB)-//therestaurantboss.com/programs/gkb/ -----------------------------------------------------------------------------------Social Channels-Facebook //www.facebook.com/TheRestaurantBoss/Twitter //twitter.com/RyanGromfinLinkedIn //www.linkedin.com/in/ryan-gromfin-a816794/Instagram //www.instagram.com/ryangromfin/Web //therestaurantboss.com/---------------------------------------------------------------------------------Hi, I am Ryan Gromfin. Welcome to my YouTube channel, The Restaurant Boss. Here you will get tips on how you can increase restaurant profits, control restaurant costs, improve your restaurant marketing, lower food costs, find more time in your day, general business operations, and more.I want you to have the restaurant of your dreams, so I post weekly training tips for restaurants and bars of all kinds - fast food, QSR, dine-in, fine dining, food trucks, sports bars, and more. Tips range from controlling food cost and lowering labor costs to restaurant specific marketing and management. Please check it out and grab the free tools on my website. If you enjoy the channel make sure you hit subscribe or click the bell so that you are always notified when I release a new video. v_url: //youtu.be/DZxjA0Fbemc i_thumbnail: //i.ytimg.com/vi/DZxjA0Fbemc/default.jpg i_thumbnail_1x1: //i.ytimg.com/vi/DZxjA0Fbemc/default.jpg i_thumbnail_4x3: //i.ytimg.com/vi/DZxjA0Fbemc/mqdefault.jpg i_thumbnail_16x9: //i.ytimg.com/vi/DZxjA0Fbemc/sddefault.jpg v_upload_date: 2-2-2021 v_length_minutes: 42 v_length_seconds: 47 v_view_count: 1404 callout_text: - t_headline: Employment t_text: The National Restaurant Association reports 15.3 million United States restaurant industry employees. By 2029, restaurant industry jobs are predicted to reach 16.9 million. The restaurant industry is incredibly diverse and small business focal.

Unfortunately, the United States restaurant industry is notorious for its high turnover rates. In fact, labor statistics estimate the restaurant industry turnover rate at 75%. Food industry professionals know that training is not cheap. Hiring and training a new food service worker costs $2,000. The labor statistic for managers is substantially higher, estimated at $15,000.

Considering statistics restaurant association reports, restaurant operator staffing challenges are understandable. Industry statistics find over half of restaurant owners list staffing as a top challenge. 35% of restaurant operators say training staff is their top challenge. The COVID pandemic even further aggravated an already shaky industry. COVID pandemic restaurant industry data reveals that 2020 concluded with 2.5 million fewer jobs.

Before the last month of 2020, 100,000 restaurant industry establishments closed temporarily or permanently. 90% of full service restaurants reported decreased restaurant sales according to National Restaurant Association research. The COVID pandemic led to a significant 36% lost revenue average for these full service restaurants. However, there is a light at the end of the COVID pandemic tunnel. Industry statistics predict restaurant sales rising around 15% in 2021. p_headline_type: h3 image: i_image: employment-1617933509-1517.png t_description: //pixabay.com/illustrations/integration-special-needs-diversity-5192458/ v_attribution: //pixabay.com/illustrations/integration-special-needs-diversity-5192458/ v_license: Creative Commons Zero callout_text: - t_title: Diversity- t_text: National Restaurant Association statistics show that the restaurant industry has the highest number of women and minority managers. There is also a high small business representation in the restaurant industry. In fact, over 90% of restaurants employ fewer than 50 food service workers.
- t_headline: Economy t_text: The restaurant industry is a significant component of the United States economy. In fact, future restaurant sales are forecasted to represent 4% of the United States GDP. 45% of consumers say they go out to eat more than once a week. Another 20% of consumers say they dine out once each week.

According to restaurant industry statistics from 1955, restaurant sales accounted for 25% of the family food dollar. In 2019, that same family dollar figure was 51%! Burea Labor Statistics report that consumers say 12.6% of their income is spent on food.


The COVID pandemic greatly influenced restaurant sales and the overall United States economy. A National Restaurant Association press release reported food service and restaurant sales plummeted by $240 billion in 2020. Considering 2020 restaurant sales were predicted at $899 billion, the COVID pandemic was a significant blow. p_headline_type: h3 image: i_image: economy-1617933509-3286.png t_description: //pixabay.com/vectors/statistic-survey-website-template-1606951/ v_attribution: //pixabay.com/vectors/statistic-survey-website-template-1606951/ v_license: Creative Commons Zero callout_text: - t_headline: Online Presence t_text: Curating an excellent online presence requires both outstanding social media and online reviews from customers. From full service fine dining storefronts to fast food joints, United States consumers say that online presence matters to them. Consumers say that both online reviews and social media profiles are top considerations for deciding to patron an establishment. The COVID pandemic demonstrated how essential online functions like online ordering and food delivery were for small business survival.

Social media is universally recognized as a top industry trends topic. The social media statistics restaurants report is very intriguing. 91% of restaurants that use social media use Facebook. The least utilized social media marketing platform is Youtube, with only 14% of restaurants engaging.

Online reviews are absolutely crucial for restaurant owners to monitor. Only 2% of food industry professionals reported not considering negative online reviews from guests. Almost a quarter of restaurants will respond directly to online reviews that are negative. 15% of restaurant owners report applying online reviews and negative guest feedback for performance reviews. p_headline_type: h3 image: i_image: online-presence-1617933509-7709.png t_description: //pixabay.com/illustrations/social-media-social-media-3408791/ v_attribution: //pixabay.com/illustrations/social-media-social-media-3408791/ v_license: Creative Commons Zero callout_text: - t_title: Rising star- t_text: Social media industry trends are recognizing the marketing potential of Instagram. In a single year, Instagram restaurant industry promotions rose from 24% to 78%. - t_headline: Key Takeaways for Restaurant Industry Statistics t_text: p_headline_type: h2 image: i_image: t_description: v_attribution: v_license: callout_text: event_body: json-ld_event: t_name: Employee Scheduling for Restaurant Managers t_description: Attendees will learn how create excellent schedules. The class teaches managers how to estimate the number of employees they need to staff their locations; how to accurately forecast their customer demand; how to quickly and accuaratly write and communicate schedules to employees; and how to evaluate the accuracy and optimization of their schedules to make adjustments. v_start_date: 2022-08-08 i_image: p_location_name: Altametrics Online Webinar Course p_address: webinar.hubworks.com?site=altametrics v_price: 10.00 t_offer_description: Priority Registration v_registration_url: webinar.hubworks.com?site=altametrics ---