Foodservice Industry Improved Slightly in September, According to Technomic’s Latest TIndex Release
In September, Technomic’s TIndex, the index on the total foodservice industry, improved slightly to 98.9 from 98.1 in August. According to this data, the industry declined 1.1% over a two-year basis but has grown by 17% when compared to the same month in 2020.
“A few key drivers are to thank for this small uptick,” explains Joe Pawlak, managing principal at Technomic. “Among the explanations are continued price increases on menus, a strong Labor Day weekend for restaurants and the return to live classroom education..."
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