Alyssammayhew’s Blog

January 27, 2009

The Culinary Industry at a Glance

Filed under: Uncategorized — alyssammayhew @ 8:17 pm

The Culinary Industry at a Glance (Taken from http://www.culinaryacademy.edu/pdf/at_a_glance.pdf)

Sales: $440.1 billion
Locations: 878,000 — serving more than 70 billion meal and dessert
occasions
Employees: 12 million — the industry is the largest employer besides
government.

Restaurant-industry sales are
forecast to advance 4.4% in
2004 and equal 4% of the U.S.
gross domestic product.

The overall economic impact of the restaurant industry is expected to
exceed $1.2 trillion in 2004, including sales in related industries such
as agriculture, transportation and manufacturing.
Between 1970 and 2004, restaurant-industry sales posted a compound
annual growth rate of 7.1%.
The restaurant-industry share of the food dollar is estimated at 46.4%,
up from 25% in 1955.

The restaurant
industry employs
an estimated 12
million people,
making it the
nation’s largest
private-sector
employer.
The restaurant
industry provides
work for nearly 9% of those employed in the United States.
The typical employee in a foodservice occupation is:
o Female (55 percent)
o Under 30 years of age (52 percent)
o Single (67 percent)

$1.2 billion — restaurant-industry sales on a typical day in 2004
Three out of five — percentage of table service operators who plan to
make capital expenditures for new equipment in 2004
Seven out of 10 — adults who agree that there are more nutritious
foods available to them in restaurants now than there were five years ago.

(www.culinaryinstitute.edu)

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