Most respondents to Baird & Co. survey saw little to no sales impact in April
Rising gas prices, an increasingly cited concern among restaurant operators, have yet to significantly impact sales, according to a recent survey. The U.S. average price of regular gasoline was $3.93 per gallon on Wednesday, according to AAA’s Daily Fuel Gauge report, up nearly $1.07 from the $2.86 a gallon a year ago. Restaurant executives have worried that these higher prices at the pump would put a damper on consumer spending. However, most respondents to a survey conducted by ...
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