Technomic Study Finds Foodservice Performance Continuing Upward Trend
Company Added
Company Removed
Apply to Request List

Technomic Study Finds Foodservice Performance Continuing Upward Trend

Technomic Study Finds Foodservice Performance Continuing Upward Trend

The restaurant industry’s comeback is showing no signs of slowing down. The latest Technomic Tindex report, a monthly benchmark for the health of the foodservice industry in the United States, finds another increase in the month of April. This continues the trend of consecutive increases every month this year.

-April 2021 TIndex (current): 94.6

-March 2021 TIndex: 94.1

-February 2021 TIndex: 86.1

-January 2021 TIndex: 82.2

“For the month of April, the TIndex increased to 94.6 from 94.1 in March, showing strengthening results especially within the restaurant segments,” explains Joe Pawlak, managing principal at Technomic. “This represents the continued performance improvement and recovery of the industry as states and the CDC are loosening restrictions nationwide.”

In April of 2020, the Tindex was 49.1 as Covid restrictions clamped down on the industry. That means overall foodservice sales increased by almost 93% this April over April 2020.

Technomic’s Tindex accounts for inflation and allows for industry growth analysis on a year-over-year basis for the same month. It tracks the foodservice industry using a variety of datasets, including operator transaction, consumer visit tracking, and distributor sales information.

Published: June 2nd, 2021

Share this Feature

Angry Crab Shack
SPONSORED CONTENT
Angry Crab Shack
SPONSORED CONTENT
Angry Crab Shack
SPONSORED CONTENT

Recommended Reading:

Comments:

comments powered by Disqus
American Family Care
ADVERTISE SPONSORED CONTENT

FRANCHISE TOPICS

MY SALON Suite
ADVERTISE SPONSORED CONTENT
Conferences
Caesar's Forum, Las Vegas
MAR 25-28TH, 2025

Build a Future with the Computer Service Industry Pioneers. NerdsToGo is paving the way as innovators, entrepreneurs, franchisees, and successful...
Cash Required:
$70,000
Request Info
Daddy’s Chicken Shack believes in simple, high-quality ingredients with a lot of love.
Request Info

Share This Page

Subscribe to our Newsletters