Restaurant operators around the U.S. are feeling more optimistic about their store traffic and consumer spending, according to the latest survey by the National Restaurant Association.
That survey’s performance index for March was at its highest monthly level since September 2007. And operators reported net gains in both sales and customer traffic in March, the first time in 31 months that both indicators were in positive territory.
Food industry analysts say the improving restaurant business is encouraging for the beef, pork, dairy and fresh produce industries. While it’s too early to call it a recovery, they say there appears to be some light at the end of the tunnel for the restaurant industry.
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