Foodservice And Overall Retail Sales Fell In December For Second Consecutive Month

Retail foodservice sales fell 0.9% month-over-month to $88.3 billion in current dollars on a seasonally adjusted basis in December, according to the latest retail sales data from the Census Bureau, released Jan. 18. The latest report also showed “food services and drinking place” sales slowed significantly in the last quarter of 2022, though they peaked…