Restaurant industry expects costs for food and labor to remain elevated in 2022

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The National Restaurant Association's state of the industry report details the challenges that restaurant operators expect to face, along with the areas where it hopes to grow.

Based on the National Restaurant Association's state of the industry report for 2022, the industry plans on adding about 400,000 jobs this year.

The National Restaurant Association released its 2022 state of the industry report. The report, which was obtained by FOX Business, details how the industry expects to grow and what challenges it expects to continue through the year. Restaurant's have had to deal with an increase in the price of food along with labor shortages. Both situations are expected to continue throughout the year.

The report details that the foodservice industry expects to grow by 400,000 jobs over the next year, which it forecasts $898 billion in sales.

 

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