The aging of America isn’t simply straining the Social Security system. It’s also likely to curtail restaurant visits, according to The NPD Group. A recent NPD report, “A Look into the Future of Foodservice,” projects that, while the U.S. population should grow 1.1 percent a year over the next decade, annual visits to restaurants will grow by only 8 percent total during that period. Blame the baby boomers. “The aging effect on the restaurant industry will be slightly negative because of ...
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