US restaurant operators pessimistic on rising food costs
Soaring food and labor costs are making U.S. restaurant operators are increasingly pessimistic about business conditions.
Forty-six percent of U.S. restaurant operators say business conditions are worse now than three months ago, according to a new National Restaurant Association survey, and 85 percent said their restaurant is less profitable than it was in 2019. Eighty-eight percent of operators said their total food and beverage costs are higher than 2019, while 65 percent said their total …
Photo courtesy of Antonio Gravante/Shutterstock