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 (18651939)
“Your business is watching my words. But I
admit nothing.”
—Anne Sexton (19281974)
“Politics is the reflex of the business and industrial world.”
—Emma Goldman (18691940)