Restaurant industry set for $1.5 trillion sales boost amid job growth

Michelle Korsmo President & Chief Executive Officer at National Restaurant Association
Michelle Korsmo President & Chief Executive Officer at National Restaurant Association - Official website
0Comments

The restaurant industry is projected to reach $1.5 trillion in sales and add over 200,000 new jobs in 2025, according to the National Restaurant Association’s latest report. This growth will increase total employment in the sector to 15.9 million by the end of the year.

Restaurant operators express cautious optimism about business conditions, with more than 80% expecting their sales in 2025 to be equal to or higher than those in 2024. However, competition is anticipated to remain intense.

The industry continues to offer employment opportunities, adding approximately 200,000 new jobs and maintaining its position as the second-largest private-sector employer in the U.S.

Consumer demand for dining out remains strong across various segments. Many consumers indicate they would frequent restaurants more often if financial circumstances allowed, highlighting a significant potential market for both on-premises dining and food delivery services.

Operators are focused on increasing foot traffic and encouraging diners back into their establishments. This priority is particularly emphasized by fine dining (90%) and casual dining (87%) operators.

Despite these positive trends, challenges such as rising labor and food costs persist from previous years. “The fundamentals of the restaurant industry are strong,” said Michelle Korsmo, President & CEO of the National Restaurant Association. She noted that industry sales are expected to grow by over four percent this year while employment nears 16 million jobs.

In 2025, consumer perceptions of value extend beyond pricing to include experience and hospitality. The report suggests that creating welcoming environments is crucial for attracting diners.

Additionally, innovative dining experiences like tasting events and cooking classes are gaining popularity among consumers seeking more than just meals from restaurants.

Loyalty programs continue to play a significant role in attracting customers. A majority of operators with such programs report increased customer traffic due to these initiatives.

While there is a focus on increasing in-person dining, off-premises options like takeout and delivery remain vital, especially among younger demographics who value convenience and flexibility.

“Ninety percent of people enjoy going to restaurants,” Korsmo stated. “Operators are adapting to meet today’s consumers’ wants and needs with an eye on economic pressures.”

For further insights, readers can access the full report supported by Sage through the provided link.



Related

Michelle Korsmo President & Chief Executive Officer at National Restaurant Association

National Restaurant Association opposes OCC action on Illinois swipe fee law

The National Restaurant Association has voiced strong opposition against new federal rules affecting credit card swipe fee regulations in Illinois. The group argues these actions will raise operating costs for restaurants nationwide while blocking local reforms aimed at reducing expenses.

Michelle Korsmo President & Chief Executive Officer at National Restaurant Association

Robin Repass named Executive Director of the Restaurant Law Center

Robin Repass has been appointed Executive Director of the Restaurant Law Center by The National Restaurant Association. With decades-long experience in litigation related to workplace safety issues affecting hospitality businesses nationwide she will lead efforts advocating for restaurateurs facing complex regulations.

Michelle Korsmo President & Chief Executive Officer at National Restaurant Association

National Restaurant Association names Richard Marriott as 2026 Legends Award recipient

Richard “Dick” E. Marriott has been named recipient of the National Restaurant Association’s 2026 Legends Award for his long-standing contributions and leadership within hospitality. The award ceremony will take place during IFMA’s Gold & Silver Plate Awards this May.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from Silver State Journal.