TIndex (Technomic Index)
TIndex is the Technomic Index on the total U.S. foodservice industry, reported monthly.
Notes on August
The August TIndex dropped by 1.3 percentage points from July as inflation puts a squeeze on consumer pocketbooks. On a year-over-year basis, the TIndex increased by 2.8 points.
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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