Applied Predictive Technologies says that its APT Index of restaurant sales for this September has increased 3.8 percent compared to last September’s Index. Quick service restaurants have done especially well, registering a 5.6 percent increase on the Index. Labor Day Weekend sales are also up compared to last year. The Pope’s visit impacted restaurant spending in September, causing people to change their routines to avoid crowds. This caused restaurant spending in cities visited by the Pontiff to decrease, but not enough to dampen the overall upward trend.
Read the full article here: September Restaurant Sales up 3.8 Percent in APT Index
Link: https://www.fsrmagazine.com/finance/september-restaurant-sales-38-percent-apt-index
