Americans have no reservation about going out to eat despite high inflation

One of the surest signs of a strong economy is lots of people going out to eat. And that's exactly what Americans are doing.

One of the surest signs of a strong economy is lots of people going out to eat. And that’s exactly what Americans are doing.

Sales at bars and restaurants in the U.S. jumped 2% in April after a similar increase in March, showing Americans still have a big appetite for dining out. Restaurant receipts are up 20% in the past year.Read: U.S. retail sales climb in April in a sign economy still has vigor “Restaurants are benefiting from the return of patrons as Covid-19 risks continue to ease and the comfort level with returning to socially-oriented activities improves,” said Jim Baird, chief investment officer at Plante Moran Financial Advisors

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