This report examines the short-and medium-term economic and profitability outlook for Food Services Industry.
Canada’s Food Services Industry: Industrial Outlook Winter 2011
Canada’s Food Services Industry: Industrial Outlook Winter 2011
Industry Economic Analysis
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- Sales Recovered—All segments of the industry have recovered from the recession, with sales surpassing their pre-recession peaks.
- Labour Market—After a strong start, employment growth stalled in the final months of 2010. Personal income growth is crucial to restaurant demand.
- Food Prices—Recent increases in food prices were largely caused by fundamental factors that are expected to last. Restaurants will have to pay more for their inputs going forward.
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