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Monthly Retail Foodservice Sales Hit Record In May, Wage Growth Moderates A Bit

Written by The Ashton Report

Preliminary numbers from the Bureau of the Census show seasonally adjusted eating and drinking place sales hit a new record at $61.8 billion in May, up 0.7% from $61.4 billion in April. It was the fifth consecutive month of rising sales after a lull dating back to August last year. Census Bureau: May Retail Sales…

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