Industry Analysis & Industry Trends
The Restaurant Construction industry experienced vastly improved conditions over the five years to 2015. Decreased unemployment and improved disposable income during the recovery period resulted in a greater number of consumers increasing their discretionary expenditures, with restaurant spending growing nominally in each year over the time period. With increased consumer spending and moderately looser credit conditions, restaurants were able to address their previously deferred expansion and remodeling plans and began entering the industry. In the coming years, the industry is expected to continue to gain strength, albeit at a slower and more sustainable rate.... purchase to read more
Industry Report - Industry Locations Chapter
Establishments in the Restaurant Construction industry are distributed across the country largely according to population distribution, since households are the downstream source of demand for restaurants. Industry establishments also follow population and general economic activity because most general contractors build structures in a variety of markets in addition to food service.
The Southeast region has the highest share of industry establishments (25.6%) and total US population (25.4%). The high level of economic activity brought about by the region's large population encourages general contractors to set up shop there... purchase to read more