Restaurant Trends: August 2023 Category Industry Trends
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US Quick-Service Sales & Traffic Performance

The following is a snapshot of US Quick-Service Restaurant (QSR) trends for July 2023.

Overview

QSR Traffic Performance, July 2023

QSR US traffic is down -1.8% compared to July 2022, and experienced a slight decrease from the previous month.  

Average price increased by +9.3% YOY, but has been decreasing since April, confirming a slowdown in pricing activity compared to 2022.

QSR Average Price Performance, July 2023

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