Consumer spending on restaurants is up thanks in part to strong growth in the job market especially for millennials

Consumer spending on restaurants is up, thanks in part to strong growth in the job market, especially for millennials.

Millennials ramp up restaurant spending

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Menu prices up. Food costs down. Millennials dining out as frequently as marketers have always hoped. Full-service operators can find plenty to love in the first round of data that describes how restaurants have done so far in 2016. Even better: Lower fuel prices and solid job growth figures should help these trends remain in place throughout the year.

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