Eating and Drinking Place Sales Hit a Record $41.6 Billion in September

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Eating and Drinking Place Sales Hit a Record $41.6 Billion in September

Oct 14, 2011

Restaurant sales surged to a record high in September, according to preliminary figures from the U.S. Census Bureau. Eating and drinking place sales totaled $41.6 billion in September on a seasonally-adjusted basis, up a strong 1.2 percent from an upwardly-revised sales volume of $41.1 billion registered in August. The solid September performance marked the fifth consecutive monthly sales gain, and the strongest increase since February.


Monthly Sales at Eating and Drinking Places
Figures are Seasonally Adjusted

Source: U.S. Census Bureau; figures are preliminary
Get Data

Restaurant sales surged to a record high in September, according to preliminary figures from the U.S. Census Bureau. Eating and drinking place sales totaled $41.6 billion in September on a seasonally-adjusted basis, up a strong 1.2 percent from an upwardly-revised sales volume of $41.1 billion registered in August. The solid September performance marked the fifth consecutive monthly sales gain, and the strongest increase since February.

Buoyed by the recent acceleration, eating and drinking place sales were up a solid 6.9 percent in the 12 months ending September 2011, their strongest 12-month gain in more than four years.

In contrast, grocery store sales declined 0.3 percent in September on a seasonally-adjusted basis, their first drop in four months. Meanwhile, overall retail sales rose 1.1 percent in September, their fourth consecutive increase and strongest gain since February. In addition to restaurants, overall retail sales were bolstered by auto, furniture and apparel sales.

Grocery store sales rose 5.8 percent in the 12 months ending September 2011, while overall retail sales were up 7.9 percent.


 

Retail, Grocery Store & Restaurant/Bar Sales
Year-to-Date Growth Through September 2011

Source: U.S. Census Bureau; figures are adjusted for seasonal and holiday factors
Get Data

[October 14, 2011]
Restaurant Sales on Pace to Post Strongest Growth Since 2006

Overall, eating and drinking place sales registered solid growth through the first three quarters of 2011, according to preliminary figures from the U.S. Census Bureau. On a year-to-date basis through September 2011, eating and drinking place sales were up 5.4 percent after adjusting for seasonal and holiday factors, which is on pace to be the strongest gain since 2006.

In comparison, overall retail sales (excluding foodservice) were up a strong 8.3 percent on a year-to-date basis through September 2011, while grocery store sales were up 5.8 percent during the same period, after adjusting for seasonal and holiday factors.

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