State of the restaurant industry 2023

With price pressures easing and Americans dining out at pre-pandemic levels, restaurant owners may be looking forward to a more prosperous 2024.

While challenges remain, especially with recruiting and retaining employees, this is an exciting time to be a restaurant owner/operator. Moderating inflation has allowed for healthier margins as customers spend more than ever on dining out. Companies that respond to consumers’ evolving taste will be the ones to prosper.


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