The Curious Surge of Productivity in U.S. Restaurants
https://bfi.uchicago.edu/working-papers/the-curious-surge-of-productivity-in-u-s-restaurants/
#HackerNews #CuriousProductivity #RestaurantIndustry #EconomicTrends #WorkEfficiency #USRestaurants
The Curious Surge of Productivity in U.S. Restaurants | Becker Friedman Institute
We document that, after remaining almost constant for almost 30 years, real labor productivity at U.S. restaurants surged over 15% during the COVID pandemic. This surge has persisted even as many conditions have returned to pre-pandemic levels. Using mobile phone data tracking visits and spending at more than 100,000 individual limited service restaurants across the Read more...