Showing posts with label Restaurant Industry. Show all posts
Showing posts with label Restaurant Industry. Show all posts

Thursday, March 5, 2009

Restaurant industry booming in down economy

From KVUE, February 27, 2009...

There's one sector of the Texas economy that appears to be doing well. Despite closings and layoffs in other industries the restaurant business is booming.

The new Chinatown opened its second location earlier this month in downtown. Despite the slumping economy, places to eat and drink are booming.

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Saturday, December 27, 2008

Report: Texas restaurants to thrive in 09

From Austin Business Journal, December 22, 2008...

The Texas Restaurant Association said the Lone Star State is expected to lead the country, in terms of sales growth in 2009.

Texas’ restaurant sector is expected to grow 4 percent with total sales expected to reach $35 billion in 2009, according to the National Restaurant Association’s 2009 Restaurant Industry Forecast.

Meantime, national restaurant industry sales are anticipated to reach $566 billion in 2009, with the industry employing 13 million individuals in 945,000 restaurant and food service outlets nationwide. The NRA forecasts that restaurant industry sales will increase by 2.5 percent over 2008.

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