According to the National Restaurant Association (NRA), driven by an improving economy, restaurant industry sales are expected to hit a record high of $709.2 billion in 2015. Although this will represent the sixth consecutive year of real growth in restaurant sales, the gains remain below what would be expected during a normal post-recession period due to a range of challenges. The restaurant industry will remain the nation’s second-largest private sector employer with a workforce of 14 million.
Sales of full service or table-service restaurants were forecasted to reach $219.69 billion in 2015. Full service restaurants are defined as establishments which provide complete and varied breakfast, lunch and dinner menus with a wide selection of food and beverages.
The chart below details the growth of full service restaurant sales over the past 6 years.