(Bloomberg) — Spending at U.S. restaurants surged over the past three months by the most on record, making it both a bright spot for the economy and a risk if appetites for eating out return to normal. Sales at food-service and drinking establishments rose 1.3 percent in July to $61.6 billion, the Commerce Department reported on Wednesday.
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Reade Pickert & Scott Lanman / Bloomberg, Time: Business
Wed, 08/15/2018 - 12:55pm
Topics: bloomberg spending sales commerce department kevin cummins michelle girard natwest markets omair sharif societe generale ldquo;any americans mcdonald&rsquo corp chipotle mexican grill inc doordash postmates u.s july sharif restaurants percent retail figures diners pace coming gains costs reported gain delivery
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