Despite Worker Worries, Foodservice Sales Soar to Record Levels in May

Foodservice spending at restaurants and bars totaled a record $67 billion last month. That’s up more than $1 billion from February despite analysts saying the issue of finding restaurant staff is holding back sales.

As the U.S. continues to open back up from COVID-19 pandemic restrictions, restaurants are benefiting from the pent-up demand.

Foodservice spending at restaurants and bars totaled a record $67 billion dollars last month, which is up more than $1 billion from February.

The increase is despite analysts saying the inability to get staff into restaurants is holding back sales. In response, reports show restaurant operators have raised prices on their menus, and some of the dollar menu items have been removed.

Learn more in the AgDay Minute.

Pork Daily Trusted by 14,000+ pork producers nationwide. Get the latest pork industry news and insights delivered straight to your inbox.
Read Next
After a devastating windstorm leveled his finishing barns in 2013, Kameron Donaldson leveraged community support and a data-driven partnership with Dykhuis Farms to secure a future for the next generation.
Get News Daily
Get Markets Alerts
Get News & Markets App