Board of Trustees Agenda 2020

Dining: Food Away From Home College and university dining programs reference the consumer price index (CPI), food away from home category, when calculating projections for food cost increases. Food away from home encompasses all meals, including breakfast and brunch, lunch, dinner and snacks, including non-alcoholic beverages. The context for this category includes fast food, take-out, delivery, concession stands, buffet and cafeteria, full-service restaurants, vending machines, mobile vendors, and include campus dining meal plans. The CPI for food away from home rose over three percent this current year. With projections expected to continue the trend of consistent rate increases, in the range of 2.0 and 3.0 percent in 2021. A snapshot view below reflects the trend is not a novelty, rather a reflection of ongoing increases to commodities, which historically have and continue to impact the food and beverage industry.

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