TIndex (Technomic Index)
TIndex is the Technomic Index on the total U.S. foodservice industry reported monthly.
TIndex continues downward trend
The TIndex dropped again in June to 107.8, which represents a decrease of 1.7 points from May. Softness in all restaurant sectors, including quick service and fast casual, contributed to the decrease. Traffic continues to be an issue in the broader industry, as high menu pricing has reached a tipping point with consumers.
This is the second month in a row with a decline in the TIndex. On a year-over-year basis, results indicated that June 2024 foodservice sales actually declined by 3%.
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
For more information about the TIndex or additional historical data, please contact us.
Global Markets
Canadian Capabilities
Consumers’ constant demand for innovative restaurant concepts, menus and flavours means you need to stay ahead of the trends. Technomic’s foodservice portfolio features a full line of services, including research tools, surveys, data and insights to keep you on top.
Global Foodservice Navigator Program
An exclusive membership for chain operators, manufacturers, distributors and industry allies providing access to key insights, strategies and trends that exist around the globe
Want To Learn More?
Subscribe to Our Emails
Unique content, conversation and thought leadership from Technomic is just a click away.