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:
“Your business is watching my words. But I
admit nothing.”
—Anne Sexton (1928–1974)
“Justice means minding one’s own business and not meddling with other men’s concerns.”
—Plato (427–347 B.C.)
“After all, the chief business of the American people is business. They are profoundly concerned with producing, buying, selling, investing and prospering in the world.”
—Calvin Coolidge (1872–1933)