U.S. Food Services and Drinking Places Sales Stabilize Over the 10 Months Ending August 2024

Monthly sales for U.S. food services and drinking places remained steady at around $94.2 billion from November 2023 to August 2024. Over this 10-month period, the Consumer Price Index (CPI) for food away from home in U.S. cities rose by 2.8%, indicating a decline in real (inflation-adjusted) sales for the sector.