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The United States restaurant industry was projected at $899 billion in sales for 2020 by the National Restaurant Association, the main trade association for the industry in the United States. [1] [2] An estimated 99% of companies in the industry are family-owned small businesses with fewer than 50 employees. [3]
The restaurant industry in the United States is large and quickly growing, with 10 million workers. 1 in every 12 U.S. residents work in the business, and during the 2008 recession, the industry was an anomaly in that it continued to grow.
This is the list of the largest fast-food restaurant chains by their number of locations in the world. ... US$32.3 billion (2022) [5] 4 United States Subway:
The chain grew its total unit count by a whopping 373.7% in 2023, according to data from the food industry research company Datassential. That was a higher percentage than any other restaurant ...
Nearly 3.5 million parents work in the restaurant industry and more than 1 million of those are single mothers, 40% of whom live in poverty, according to a 2016 report by the National Women’s ...
6428W Digital Art / ShutterstockThe restaurant business is a notoriously difficult one. Amid inflationary challenges and shifting consumer preferences, many restaurants have struggled to stay afloat.
It runs an annual restaurant and hospitality industry trade show in the US, in Chicago, and conducts research about the country's restaurant industry. [15] For instance, it states that the restaurant industry in the US in 2021 employs 14.5 million Americans (up from 12.5 million in 2012), with sales in 2021 at $799 billion (up from $632 billion ...
According to IBISWorld, in 2024, the fast-food industry is valued at $402.9 billion in the U.S., with McDonald's being the most valuable quick-service food brand, according to a 2024 report from ...