Restaurant sales edged higher in September

Restaurant industry sales continued to trend higher in September, according to preliminary figures from the U.S. Census Bureau. Eating and drinking place sales totaled $65.2 billion in September on a seasonally-adjusted basis, which was up 0.2 percent from August.

In addition to September’s healthy results, the August sales volume was revised significantly higher. Eating and drinking places came in at $65.0 billion in August, versus just $64.1 billion in the preliminary readings.

As a result, September now represents the ninth consecutive month in which restaurant sales rose on a seasonally-adjusted basis.

Overall, restaurant sales were up 4.0 percent on a year-to-date basis through September 2019. This compares to a 3.4 percent gain in total retail sales and a 3.2 percent increase in grocery store sales.

Track more economic indicators and read more analysis and commentary from the Association's chief economist Bruce Grindy.