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Retail Foodservice Sales Posted A Big Number In January

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There were some statistical quirks, but retail sales of food services and drinking place, mostly restaurants, rose a seasonally adjusted 7.2% in January, reaching $95.5 billion. Compared to a year ago, sales were 24% higher in unadjusted sales. According to the National Restaurant Assn., the growth was assisted by an unusual seasonal situation. In unadjusted…

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