New Technomic Foodservice Index Represents Continued Decline in January, Dropping to 93.3
Each month, Technomic releases its TIndex, which showcases the index on the total U.S. foodservice industry. January's number continued the decline from previous months, dropping to 93.3, down from 95.9 in December and 97.2 in November. Based on this data, the industry is down 6.7% over a two-year basis but has grown by 11.1% compared to January 2021.
"The main reason for this continued downward slide is the lingering effect of the COVID-19 omicron variant," explains Joe Pawlak, managing principal at Technomic...
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