This is a print-friendly version of www.whitehutchinson.com/news/lenews/2003/10/article108.shtml

White Hutchinson Leisure & Learning Group, Kansas City, MO, USA

Consumers to Eat Out More in 2004

Technomic Inc., a highly respected food consulting and restaurant forecasting firm, released its annual forecast September 25th and predicted consumers will eat out at restaurants more in 2004 than they did in 2003. Ron Paul, president of Tehnomic, says despite negative unemployment and the deployment of troops to the Middle East, consumers will keep going out to eat because disposable incomes haven't fallen -- thanks to tax cuts and home refinancing allowing consumers to continue to spend. Technomic predicts restaurant sales will grow 3.2% in 2004, compared to 2.9% in 2003. Specialty concepts such as Quiznos, Panera Bread and Subway are expected to be the leaders in the QSR (quick-service restaurant) category.

© 1999 - 2026, White Hutchinson Leisure & Learning Group, Inc.
The contents of this website and eNewsletters are protected by USA and international copyright law. Permission is granted to download and print single copites of any of the contents or articles for personal use. No other copies may be made. Educational institutions may obtain permission to make multiple copies for classroom use by e-mailing us with details. The contents of articles may be quoted provided credit is given to the "(author's name), White Hutchinson Leisure & Learning Group, Kansas City, MO, USA". All other rights for use or reproduction of the contents and articles are reserved.