Retail Foodservice Sales Rose Robust 1.4% In July Even As Manu Prices Moderate

Consumers continued to go out to eat in July, driving sales of “food services and drinking places” 1.4% higher month-over-month to a total of $91.1 billion in current dollars, according the latest “Advance Monthly Retail Sales” report from the Census Bureau, released Aug. 15. June restaurant sales were also revised higher. Source: Census Bureau; Chart:…