Foodservice industry forecast revised upward

Foodservice industry forecast revised upward

Market research firm Technomic Inc. revised upward its 2011 forecast for the foodservice industry, citing improved macroeconomic data and increased sales momentum among many restaurants in the fourth quarter.

The Chicago-based firm released new numbers this week showing a 0.7 percentage point increase in expected sales for food and beverage, including alcohol, across the U.S. foodservice industry. Expectations for sales at U.S. restaurants and bars also were increased by 0.7 percentage

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