Fast Food - Business

Business

In the United States alone, consumers spent about US$110 billion on fast food in 2000 (which increased from US$6 billion in 1970). The National Restaurant Association forecasted that fast food restaurants in the U.S. would reach US$142 billion in sales in 2006, a 5% increase over 2005. In comparison, the full-service restaurant segment of the food industry is expected to generate $173 billion in sales. Fast food has been losing market share to fast casual dining restaurants, which offer more robust and expensive cuisines.

Read more about this topic:  Fast Food

Famous quotes containing the word business:

    The only business of the head in the world is to bow a ceaseless obeisance to the heart.
    William Butler Yeats (1865–1939)

    Your business is watching my words. But I
    admit nothing.
    Anne Sexton (1928–1974)

    Politics is the reflex of the business and industrial world.
    Emma Goldman (1869–1940)