“Preliminary forecast global sales for 2012 are just over $49 billion – close to the magic $50 billion which was discussed not all that many years ago as a possible figure to reach, but still a little away from the projected $64 billion by 2015. The 2012 result is a 7.5% increase on 2011 and, yet again, it’s the Asia Pacific region that is the powerhouse of this growth,” stated Erik Juul-Mortensen, President TFWA.
To view the Multimedia News Release, go to http://www.multivu.com/mnr/60631-tfwa
America’s one million restaurants will continue to be a leading job creator in 2015, according to the National Restaurant Association’s 2015 Restaurant Industry Forecast released today. While the operating environment will remain challenging, total restaurant industry sales are expected to reach a record $709.2 billion in 2015 – a 3.8 percent increase over 2014, marking the sixth consecutive year of real sales growth for the industry.
To view the Multimedia News Release, go to: http://www.multivu.com/players/English/7077454-nra-restaurant-industry-forecast/
Despite sluggish recovery by the nation’s economy, the restaurant industry is projected to expand in 2012, according to the National Restaurant Association’s 2012 Restaurant Industry Forecast released today. Total restaurant industry sales are expected to reach a record high of $632 billion in 2012 – a 3.5 percent increase over 2011, marking the second consecutive year that industry sales have topped $600 billion.
In addition, the restaurant industry will continue to fuel U.S. employment in the year ahead as the nation’s second largest private sector employer. Overall restaurant industry employment will reach 12.9 million in 2012, representing 10 percent of the total U.S. workforce.
To view Multimedia News Release, go to http://www.multivu.com/mnr/52982-national-restaurant-association-2012-restaurant-industry-forecast
McGraw-Hill Construction, part of The McGraw-Hill Companies (NYSE: MHP), today released its 2012 Dodge Construction Outlook, a mainstay in construction industry forecasting and business planning, which predicts that overall U.S. construction starts for next year will remain essentially flat. The level of construction starts in 2012 is expected to be $412 billion, following the 4% decline to $410 billion predicted for 2011.
To watch a video about the forecast featuring Robert Murray, McGraw-Hill Construction’s Vice President of Economic Affairs, visit http://www.youtube.com/user/McGrawHillConstructn.
To view Multimedia News Release, go to http://www.multivu.com/mnr/52705-mcgraw-hill-construction-2012-dodge-outlook-report
