Winning at 'Table Games'
DINING: Some Local Restaurateurs See Right Time to Bet on Expansion
Lou Hirsh, SAN DIEGO BUSINESS JOURNAL
Monday, July 1, 2013
Earlier this year, the California Restaurant Association’s San Diego Chapter issued a report, based on data compiled by the locally based National University System Institute for Policy Research, noting that restaurants in the city generated an estimated $2.98 billion in taxable sales during 2012.
Researchers said restaurants are the largest contributor of taxable retail sales in the city of San Diego, with every dollar spent in its 3,315 restaurants generating an additional 63 cents for the overall economy thanks to ripple spending effects.
Restaurants employ 51,717 people in the city and nearly one of every 12 workers in San Diego County, the report said.