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.

AgWeb-Logo crop
Related Stories
From improved telehealth services to reimagined small-town hospitals, the National Rural Health Association is working to help folks in farm country tap into more and better medical care options.
The rural economy is slowly improving after being crashed by the COVID-19 pandemic in 2020.
Reps. Dusty Johnson and Jim Costa on Tuesday introduced the Safer Highways and Increased Performance for Interstate Trucking (SHIP IT) Act to expand the trucking workforce and offer flexibility in times of need.
Read Next
As producers navigate financial strain and D.C. disconnect, realities such as steep input costs, trade frustrations and E15 limbo are becoming decisive factors shaping the rural vote.
Get News Daily
Get Market Alerts
Get News & Markets App