TIndex (Technomic Index)
TIndex is the Technomic Index on the total U.S. foodservice industry, reported monthly.
December TIndex dips
The December TIndex dropped by 2.1 points compared to November, with restaurants’ soft performance attributed to the timing of the Thanksgiving holiday. Beyond restaurant segments, however, including healthcare, as well as travel and leisure, fared well in December and offset what could have been a more substantial decline.
Despite this decline, the current TIndex suggests the industry still grew by 2.8% compared to December 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
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For more information about the TIndex or additional historical data, please contact us.
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