Sales growth to slow in ’08, with pressure on profits, IFMA says

CHICAGO Despite a general economic slowdown, foodservice sales are expected to continue to grow during 2008, albeit at a slower pace than in recent years, according the International Foodservice Manufacturers Association and Technomic Inc.

But, their forecast indicates, the higher costs of fuel, commodities and labor will likely put increasing pressure on margins.

In the industry’s first peek into next year, the IFMA/Technomic Forecast & Outlook predic

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