National Recreation

Food services and drinking places

Value Added
$43.88B
2024
YoY Growth
+4.7%
20232024
Employment
0.70M
2024
Compensation
$25.93B
2024

Food services and drinking places: Value Added vs Gross Output

Gross Output measures total economic output including intermediate inputs. Value Added measures contribution to GDP.

Food services and drinking places: Nominal vs Real

Comparing current dollars to inflation-adjusted (2017 dollars) shows the true growth trajectory.

Food services and drinking places: Year-over-Year Growth

Annual percentage change shows volatility and trend patterns.

Food services and drinking places: Employment & Compensation

Jobs supported and total compensation paid in this industry sector.

2024