Retail Sales and Foodservice Sales Sagged In February, But March Will Be Different

February retail sales at food services & drinking places fell back 2.5% in February, according to the US Census Bureau’s monthly Advance Retail Sales report, released March 16. Total monthly sales were a seasonally adjusted $54.2 billion in February, down from a revised $55.6 billion in January. The February 2021 number was 17% or $11.1…