NRA forecast estimates that US restaurant sales will hit $632 billion record high in 2012

News 14:08 13/09/2014
(Seafood.com) Total U.S. restaurant industry sales will reach a record high of $632 billion this year, representing a 3.5% increase over 2011, and marking the second consecutive year that industry sales have topped $600 million, according to The National Restaurant Association’s 2012 Restaurant Industry Forecast, released Wednesday.

“As our nation slowly recovers from the economic downturn, restaurants continue to be a vital part of American lifestyles and our nation’s economy,” Dawn Sweeney, president and chief executive officer of the National Restaurant Association, said in a release. “We expect the nation’s nearly one million restaurants to post sales of $632 billion this year. Combine that with the fact that restaurant job growth is expected to outpace the overall economy for the 13th straight year, and it’s clear that the restaurant industry is once again proving to be a significant economic stimulant and strong engine for job creation.”

Despite the promising outlook, restaurateurs cited rising food costs, the sluggish economy, and building and maintaining sales volume as the top challenges they expect to face this year. The release notes that opportunities are still present for operators who understand and respond to consumer trends. Citing recent consumer research, the association points out that two out of five consumers have said that they are not using restaurants as often as they would like. Tech-savvy restaurants could also have an edge on competitors.

Nearly 4 in 10 diners said they would be likely to use an electronic ordering system or menu if it were available at table service restaurants. About half said they would like to use at-table electronic payment options, or use a restaurant’s smartphone app to view menus and make reservations.

At quickservice restaurants, four out of 10 diners said they would use in-store self-service ordering kiosks or use smartphone apps to look at menus, order delivery, or place online orders for pick up.

 

TIN MỚI CẬP NHẬT

Khanh Hoa promotes disease-free golden pompano seed production for industrial marine aquaculture

 |  18:59 22/07/2026

(seafood.vasep.com.vn) Khanh Hoa Provincial Agricultural Extension Center, in collaboration with the Northern Center for Marine Aquaculture Research and the Van Hung Public Service Center, recently organized a training course on disease-free golden pompano seed production. The program is part of a National Agricultural Extension Project aimed at developing industrial-scale seed production models to support sustainable marine aquaculture.

Vietnamese pangasius: from export recovery to the need for upgrading the value chain

 |  14:46 20/07/2026

(seafood.vasep.com.vn) Vietnam’s pangasius exports have shown encouraging signs of recovery in 2026. In the first four months of the year, total export turnover reached USD 720 million, up 17% compared to the same period last year. This result reflects improving demand across many markets, as well as the efforts of Vietnamese pangasius enterprises to maintain production, secure orders, and adapt to changing market conditions.

Vinh Long accelerates the development of high-tech shrimp farming

 |  08:29 19/07/2026

(seafood.vasep.com.vn) The application of high technology in shrimp farming is delivering positive results in the coastal areas of Vinh Long Province, contributing to improved production efficiency and creating significant potential for further industry expansion. However, to fully capitalize on this potential, the province is focusing on aquaculture zoning, infrastructure investment, and promoting modern, sustainable production.

Đồng Tháp strengthens efforts to tackle illegal fishing

 |  08:12 18/07/2026

(seafood.vasep.com.vn) Đồng Tháp Province has intensified efforts to curb illegal fishing by strengthening vessel monitoring, law enforcement and seafood traceability.

Seafood businesses enhance competitiveness and boost exports.

 |  08:38 17/07/2026

(seafood.vasep.com.vn) Seafood businesses need solutions to overcome bottlenecks such as labor shortages, difficulty accessing capital, high input costs, and administrative procedures in order to maintain production, adapt to market fluctuations, and effectively exploit export opportunities.

EFTA deal provides fresh opportunities for seafood exports

 |  08:47 16/07/2026

(seafood.vasep.com.vn) The FTA would widen access to markets with strong demand for premium food products in line with the country’s strategy of shifting exports towards increasing added value.

Deputy Prime Minister Ho Quoc Dung issued important directives related to the pangasius fish industry and agricultural product processing in An Giang province.

 |  08:21 15/07/2026

(seafood.vasep.com.vn) On the morning of July 13th, Mr. Ho Quoc Dung, Member of the Central Committee of the Communist Party of Vietnam and Deputy Prime Minister, along with his delegation, visited and worked with businesses in An Giang province to promptly resolve obstacles and promote production and business activities.

Strict disease management ensures the quality of Vietnamese tilapia

 |  09:50 13/07/2026

(seafood.vasep.com.vn) As importing markets increasingly focus on biosecurity and traceability, Vietnam has established a relatively comprehensive legal framework and disease management system for aquaculture, covering tilapia farming as well as other cultured species. This system is based on the Law on Animal Health, regulations on the prevention and control of aquatic animal diseases, the National Plan for the Prevention and Control of Major Diseases in Farmed Aquatic Species, and environmental monitoring and early warning programs for aquaculture areas.

Vietnam and Brazil strengthen economic ties, VASEP promotes seafood trade cooperation

 |  18:00 10/07/2026

(seafood.vasep.com.vn) On July 9, 2026, the Embassy of Vietnam in Brazil organized the seminar titled “Sharing Information on Vietnam-Brazil Economic, Trade and Investment Relations in the First Half of 2026” to provide updates on bilateral cooperation and strengthen connections among government agencies, industry associations, and business communities of the two countries.

Seafood exports overcome challenges, impressive growth

 |  09:07 09/07/2026

(seafood.vasep.com.vn) Seafood exports in the first 6 months of the year continued to be a bright spot with a total turnover of 5.7 billion USD, an increase of 11.4% compared to the same period last year. By commodity group, seafood is one of the three groups with a trade balance in the first 6 months of 2026 in a surplus state with 4.13 billion USD, an increase of 17%.

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