TIndex (Technomic Index)
TIndex is the Technomic Index on the total U.S. foodservice industry, reported monthly.
October TIndex jumps
The TIndex increased by almost a full 5 points to a new high, up from 111.0 in September to 115.9 in October. This figure was mainly boosted by strong performance in beyond restaurant sectors, including healthcare, lodging and K-12 schools. Restaurant growth remained generally flat on a year-over-year basis.
Despite the strong uptick, the industry still grew only 2.2% in October compared to the same month in 2023.
About the TIndex:
Each index number corresponds to the same month in 2019. Therefore, as an example, the January 2021 index of 82.2 suggests that the industry is 17.8 percentage points smaller than is was in January 2019.
The index is based on a number of datasets available to Technomic including operator transaction, consumer visit tracking and distributor sales information. All data is weighted and evaluated to align with a representation of the total U.S. foodservice industry.
The TIndex is powered in part by Ignite Company, a robust online platform that allows our clients to understand historical foodservice data trends, prioritize accounts, track competitors and more. Learn more about Ignite Company
Want to Learn More?
For more information about the TIndex or additional historical data, please contact us.
NEVER MISS AN UPDATE
Subscribe to Our Emails
Unique content, conversation and thought leadership from Technomic is just a click away.