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Consumers are still spending at restaurants

from Restaurant Business

Consumers are still spending at restaurants Restaurant Business The restaurant industry continues to see sales improvements, potentially easing concerns about a spending cliff following the expiration of unemployment benefits. Restaurant sales rose 7% last week, the first positive reading for the sector since the quarantine began in March, according to the latest index from the data firm Facteus. Fast-food restaurants have been particularly strong, rising 24% last week and continuing a relatively strong post-pandemic performance. READ MORE

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