Consumer Spending in U.S. Restaurants Continued to Rise in November
Household spending is being supported by consumers' positive sentiment about their local economies.
Restaurant sales rose steadily in recent months, as resilient consumers maintained their willingness to spend on experiences.
Eating and drinking places* registered total sales of $94.7 billion on a seasonally adjusted basis in November, according to preliminary data from the U.S. Census Bureau. That was up a solid 1.6% from October’s upward-revised volume of $93.2 and represented the ninth consecutive month of sales growth...
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