ETF & Stocks to Play Upbeat Momentum in U.S. Restaurant Industry

U.S. restaurant businesses thrived in 2023 after an impressive turnaround in 2022. Sales at U.S. restaurants were not impacted much despite severe inflationary pressure. The momentum is likely to continue in 2024.Restaurant sales increased for the 11th successive month in January. The Department of Commerce's latest report indicates sustained growth, with sales at U.S. bars and restaurants reaching $95.1 billion in January, marking a 0.7% increase from December.Year over year, spending on restaurants and ba ...