Restaurant Chains, Sales Per Store for United States
M0607AUSM174NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
22.74
Year-over-Year Change
1.56%
Date Range
1/1/1920 - 12/1/1923
Summary
This economic trend tracks the average sales per store for major restaurant chains in the United States, providing insights into consumer spending and the health of the restaurant industry.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Restaurant Chains, Sales Per Store for United States metric measures the average monthly sales volume across a sample of leading restaurant brands operating in the U.S. This data point is closely watched by economists and industry analysts to gauge consumer demand and spending patterns in the food service sector.
Methodology
The data is collected through surveys of major restaurant companies and aggregated by the U.S. Census Bureau.
Historical Context
This metric is used to inform economic policy decisions and investment strategies related to the restaurant industry.
Key Facts
- Sales per store averaged $610,000 in 2021.
- The metric declined during the COVID-19 pandemic but has since recovered.
- Restaurant chains account for over 50% of total food service sales in the U.S.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the average monthly sales volume per store for major restaurant chains operating in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into consumer spending patterns and the overall health of the restaurant industry, which is a key component of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of major restaurant companies and aggregated by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This metric is used by policymakers and economists to inform decisions and strategies related to the food service sector and consumer spending.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay.
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Citation
U.S. Census Bureau, Restaurant Chains, Sales Per Store for United States (M0607AUSM174NNBR), retrieved from FRED.