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Restaurants - Monthly YoY Revenue Growth

Monthly YoY Revenue Growth for Restaurants
Area chart showing U.S. restaurant monthly year-over-year revenue growth from 2018 to 2023, with a sharp decline during the COVID-19 shutdown in 2020 followed by a peak of over 150% growth in early 2021 and a gradual return to near-zero growth by 2023. Source: Enigma U.S. Card Panel Transaction Data.

Enigma's data on the largest transaction panel in the U.S found that after a year of negative national revenue growth, the restaurant industry rebounded in growth 2021, peaking in April. However, growth once again slowed in 2022 and by February 2023 began to decline. Enigma's data can help you learn more about the near-real-time revenues of SMB accounts across industries to help you better target, segment and engage prospects and customers.