Nearly half of restaurants worse off than before summer

Operators Endure Weaker Business Conditions
By Oregon Restaurant & Lodging Association

The costs of goods restaurateurs need most have continued to accelerate, and according to a new survey released today by the National Restaurant Association, 46% of operators say business conditions are worse now than they were 3 months ago. More than 80% of operators say the cost of food, labor and occupancy are higher than 2019; 94% say operating costs in general are higher.

85% report profits are down.

See full survey results and the press release.

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