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

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 |  09:01 16/12/2025

(seafood.vasep.com.vn) An Giang is focusing on expanding climate-adaptive marine aquaculture models, aiming for safe and sustainable production. This approach not only enhances economic efficiency but also helps fishermen stabilize their livelihoods amid weather fluctuations.

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 |  10:02 11/12/2025

(seafood.vasep.com.vn) In the first 10 months of 2025, Vietnam’s pangasius export value to China (including Mainland China and Hong Kong) reached $483 million, up 1% compared to the same period in 2024. October alone posted $73 million, a strong 19% increase year-on-year. The Chinese market currently accounts for nearly 27% of Vietnam’s total pangasius export value.

Vietnam’s lobster exports set for another strong surge in 2025

 |  08:58 09/12/2025

(seafood.vasep.com.vn) According to data from Vietnam Customs, the country’s lobster exports posted another strong month in October 2025, reaching $93 million - a 75% increase from the same month in 2024. This performance extends the sector’s impressive growth streak from earlier in the year, pushing cumulative exports for the first 10 months to $712 million, up an extraordinary 135% year-over-year. Within the product mix, green lobster remained the dominant driver, accounting for 98% of total export value, with $700 million recorded in the first 10 months - a 141% jump year-on-year. In contrast, exports of spiny lobster and other lobster varieties declined slightly by 22% and 1%, respectively, indicating that market demand is becoming increasingly concentrated on the most sought-after product line.

Da Nang city takes strong action against IUU fishing

 |  11:12 05/12/2025

(seafood.vasep.com.vn) Currently, Da Nang City has no fishing vessels detained, sanctioned by foreign authorities, or criminally prosecuted for IUU fishing violations. Patrols, monitoring of marine fishing activities, and handling of violations have been prioritized by competent forces, significantly reducing nearshore fishing infringements.

Vietnam’s tuna exports to Israel drop nearly 50% in the first 9 months of 2025

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(seafood.vasep.com.vn) According to statistics from Vietnam Customs, Vietnam’s tuna exports to Israel in the first nine months of 2025 reached just over USD 27 million, down as much as 49% compared to the same period in 2024. This is a steep and prolonged decline for many consecutive months, reflecting changes in import demand as well as shifts in the supply structure of this market.

Vietnam exports first shipment of 700 tons of tilapia to Brazil

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Pangasius Exports in October 2025: Positive Growth Momentum Led by China's Recovery

 |  12:40 28/11/2025

(seafood.vasep.com.vn) In October 2025, Vietnam’s pangasius exports hit $217 million, representing an 8% increase compared to the same month in 2024. For the first 10 months of the year, total export value has surpassed $1.8 billion, up 9% year-on-year. This growth demonstrates clear positive momentum for the pangasius industry, despite continued declines in certain markets.

Appeal letter: Calling for Support to overcome the consequences of flooding in the central provinces

 |  10:39 27/11/2025

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 |  09:04 26/11/2025

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Vietnam’s shrimp exports in October 2025 hit the highest level since the beginning of the year

 |  08:26 25/11/2025

(seafood.vasep.com.vn) Vietnam’s shrimp exports reached USD 498 million in October 2025, up 26% from the same period last year. This is one of the highest monthly revenues since the beginning of the year, reflecting solid demand in major markets and faster shipment schedules by exporters. From January to October, shrimp export value reached USD 3.9 billion, up 22% compared to the same period in 2024.

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