2009 Outlook Worse than Technomic Originally Thought

Citing further contraction in the economy, a continuing slowdown in consumer spending, and accelerating job losses, foodservice consultancy Technomic revised its 2009 U.S. foodservice industry nominal growth forecast downward to -2.2 percent. With both real and nominal growth now dipping into negative territory, the firm expects 2009 will be the worst year for foodservice since it began tracking performance in 1972.

2009 Outlook Worse than Technomic Originally Thought

Other Articles of Interest:

    None Found

Leave a Reply

Recent Comments
Add to Technorati Favorites Small Business Blogs - Blog Catalog Blog Directory Blogarama - The Blog Directory Blog Directory Blog Directory Business blogs Top Blogs Blog Directory Directory of Business Blogs Blog Directory