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As we near the end of 2016, we thought we'd share some industry fun facts... enjoy!
CONSUMERS
• Half of consumers say restaurants are an essential part of their lifestyle.
• 7 in 10 consumers say their favorite restaurant foods provide flavors they can’t easily duplicate at home.
• 8 in 10 consumers say dining out with family and friends is a better use of their leisure time than cooking and cleaning up.
CONSUMER TRENDS BY THE NUMBERS
66% - Consumers who eat a wider variety of ethnic cuisines now than they did five years ago.
75% - Smartphone users who view restaurant menus on their phones at least a few times per year.
37% - Consumers who say technology makes them dine out or order takeout or delivery more often.
OPPORTUNITY
• Half of all adults have worked in the restaurant industry at some point during their lives.
• 1 in 3 Americans got their first job experience in a restaurant.
• The number of women-owned restaurant businesses increased 40% between 2007 and 2012 — well above the 12% increase in all restaurant businesses.
• The number of Hispanic-owned restaurant businesses jumped 51% between 2007 and 2012. Black- or African-American-owned restaurants increased 49%.
CALIFORNIA
69,908 - The # of eating and drinking locations in California in 2015.
1,698,200 - The # of restaurant and foodservice jobs in California in 2016 = 11% of employment in the state (by 2026 that's projected to grow by 10.1% = 172,200 additional jobs!).
$79.1 billion - Projected sales in California's restaurants in 2016.
U.S. ECONOMIC IMPACT
• Restaurant-industry sales are projected to total $782.7 billion in 2016 and equal 4% of the U.S. gross domestic product.
• The restaurant industry is projected to employ 14.4 million people in 2016 (that's about 1 in 10 working Americans!).
• More than 9 in 10 restaurants have fewer than 50 employees.
• More than 7 in 10 restaurants are single-unit operations.
Courtesy of National Restaurant Association, 2016
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