Restaurant Trends: September 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 August 2023.

Overview

QSR Traffic Performance, August 2023

QSR US traffic is down -0.5% compared to August 2022, though slightly improved compared to the previous month.

Average price increased +7.0% YOY, but has steadily decreased month-over-month since July, confirming a pricing activity slowdown compared to 2022. RMS predicts that average price trends will stabilize as we approach the end of the year.

QSR Average Price Performance, August 2023

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