Restaurant outlook: People not going out to eat as much


Restaurants in Ohio brought in almost $1 billion in sales last year, but consumers didn’t go out to eat as much in the first month of 2017.

A new survey by the Ohio Restaurant Association and the Cleveland Research Company found restaurant owners saw weaker consumer demand in January after a strong fourth quarter that ended in December. That increase was due in part to the mild winter weather.

» RELATED: New ‘clean-eating’ restaurant to open at Cornerstone of Centerville

The study tracks the food-service industry and its performance in Ohio. In the fourth quarter, same-store sales for restaurants in Ohio were up more than 3 percent, but that growth didn’t continue into 2017. In January, same-store sales for restaurants were up 1.6 percent, which was lower than any month in 2016.

» RELATED: Wendy’s going to smaller chickens for better flavor

“Same-stores sales in Ohio during the fourth quarter were positive for our industry, up more than three percent as we experienced mild weather and strong traffic around the holidays,” said John Barker, president and CEO of the Ohio Restaurant Association. “Growth slowed in January, but owners are bullish about the year due to strong consumer confidence and a soaring stock market.”

Restaurant owners who were surveyed said they are optimistic in 2017, and expect a 4 percent increase in same-store sales, compared to the 3 percent increase last year.

FIVE FAST BUSINESS READS

Investigation: Workplace deaths don’t always lead to hefty fines

Sargento, Meijer recall several cheese products

New ‘healthy’ restaurant to open at The Greene in Beavercreek

Iconic Oakwood toy store set to close permanently

5 retailers coming to Dayton



Reader Comments ...


Next Up in Business

Navistar, local leaders push others to buy trucks made in Springfield
Navistar, local leaders push others to buy trucks made in Springfield

Members of the UAW Local 402 and Chamber of Greater Springfield are increasingly working with area businesses as part of a two-year effort to encourage them to buy Navistar products made in Springfield. The chamber and UAW started out more than a year ago with a mailing campaign to more than 600 townships, villages cities and other government entities...
Tips for buying items at local festivals
Tips for buying items at local festivals

Late summer and fall is the prime time for festivals in the Miami Valley. Many of these offer bourbon chicken, lemon shake-ups, Ferris wheels and an overwhelming number of vendors. If you’d like to purchase beautiful handcrafted goods and other items at these events, Better Business Bureau wants you to consider these tips: ...
Quality available at thrift stores and community colleges
Quality available at thrift stores and community colleges

Don’t let your love of fashionable footwear break the bank! Here’s how to get gently used Michael Kors, Casadei and Burberry for outrageously low prices. Next time you need a pair of shoes for a night out on the town, you’d be wise to visit your local thrift store. At a recent check to a metro Atlanta area thrift store, we found some...
Moraine-based wholesaler celebrates growth, new office
Moraine-based wholesaler celebrates growth, new office

Moraine-based Winsupply Inc., one of the largest distributors in the nation, has opened a new Winsupply company in Franklin, Tenn., its fifth new company of 2017. Winsupply of Franklin will serve plumbing contractors in one of the fastest growing markets in the United States, and throughout greater Nashville, the company said Friday. RELATED: ...
Dozens of Joe's Crab Shack restaurants abruptly close
Dozens of Joe's Crab Shack restaurants abruptly close

Dozens of Joe’s Crab Shack locations across the United States abruptly closed without warning amidst its parent company’s bankruptcy proceedings. Calls to a location in Duluth, Georgia, went unanswered Thursday afternoon, and restaurant review site Yelp deemed it closed based on user feedback. The Gwinnett site is also not listed on...
More Stories