The food service industry is booming and you don’t have to look any further than the Manufactuer’s Agents Assocation for the Food Service Industry (MAFSI) to see evidence of that increased enthusiasm. MAFSI reports that sales of foodservice equipment and supplies increased some 4.9 percent in the fourth quarter of 2015.
This figure is far better than the projected sales levels by 0.6 percent.
Industry sales representatives are projecting a 4.3 percent sales increase for the first quarter of 2016. The most growth was shown in the area of food service equipment, which grew at some 5.1 percent, while tabletop grew at 4.7 percent, supplies grew some 4.0 percent and furniture grew at 2.8 percent.
The overall outlook for restaurant supply equipment is indeed a healthy one, with industry sales representatives saying that the requests for quotes of equipment are more frequent.
It looks like it's a great time for restaurants and their suppliers according to this new data. Perhaps this will be the year you open up your new restaurant in 2016? If so, why not check out our selection of restaurant goods and see what we have to offer. If you have any questions about any of our products, just give us a call.