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| Topic: |
Business
|
| Number of pages / Number of words: |
3 / 670 |
Essay's paper body
firms.
o One-quarter of eating and drinking place firms are owned by women, 15% by Asians, 8% by Hispanics and 4% by African-Americans.
o The number of foodservice managers is projected to increase 11 percent from 2007 to 2017.
o Roughly three out of five foodservice managers have annual household incomes of $50,000 or more...
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Facts 2007
? Sales: $537 billion
? Locations: 935,000 ? serving more than 70 billion meal and snack occasions
? Employees: 12.8 million ? the industry is the largest employer besides government
Industry Sales
Restaurant industry sales
(Billions of current dollars)
Type of Establishment 2007 Estimated Sales (Billions)
Commercial $491
Eating places $363
Drinking places $16
Managed services $36
Lodging-place restaurants $27
Retail, vending,
recreation,
mobile $49
Other $46
Nation's Economy
? Restaurant-industry sales are forecast to advance 5% in 2007 and equal 4% of the U...
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