Office Coffee Service in USA Analysed in Packaged Facts’ Market Research
20 Mar 2012 • by Natalie Aster
With only a moderate increase in gross domestic product expected for 2012 and 2013 and only gradual reduction in a stubbornly high unemployment rate, the expectations for foodservice industry growth are limited.
As the report “Office Coffee Service in the U.S.: Market Trends and Opportunities” by Packaged Facts states, although the housing market remains in a trough, it hasn‘t stopped consumer spending from rising modestly, and household debt ratios are on the decline, which bodes well for the discretionary income headroom necessary to increase guest traffic and guest check. And, as developed in this section, relative to other personal consumption expenditures, food and accommodations spending is outpacing the average.
Office Coffee Service in the U.S.: Market Trends and Opportunities
Published: March, 2012
Price: US$ 3.500,00
As analysis suggests, the dismal levels of consumer confidence need to rise and the improved, but still elevated, unemployment rate needs to fall for real foodservice growth to follow.
The spike in coffee prices has created significant challenges. Naturally, coffee commodity prices significantly affect office coffee service expenditures and—if those costs cannot be passed along—margins. But after rising to record levels in early 2011, coffee prices have begun to trend downward.
More information can be found in the report “Office Coffee Service in the U.S.: Market Trends and Opportunities” by Packaged Facts.
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