Consumers less pessimistic on economy
(Continued from page 1) Nicole Miller Regan, a senior research analyst with Piper Jaffray, wrote in a report released Wednesday that December monthly sales at places serving food and drinks rose 4.1 percent in December to $47,571, according to the U.S. Census Bureau. Meanwhile, monthly sales at grocery stores increased 3.8 percent on a year-over-year basis, to $49,360. “Historically, the dollar gap between grocery stores and foodservice sales had been flattening, with grocery ...
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Contact: Desiree Torres Desiree.Torres@penton.com