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Restaurant Industry Sales Expected to Increase in 2015

Technomic projects 1.5 percent increase over 2014 levels.

Technomic projects restaurant industry sales will increase 5.3 percent in 2015 on a nominal basis. The Chicago-based foodservice market research firm made the announcement earlier today during its annual Trends and Directions Conference.

These projections represent a 1.5 percent increase over 2014, which experienced sales growth of 3.8 percent, according to Technomic. Overall, restaurant industry sales totaled $466 billion in 2014, according to Technomic data.

In 2013, Technomic reported industry sales growth of 5.2 percent.