Based on consumer intent to spend data, Kurt Salmon expects modest growth in restaurant sales through January 2011, continuing the growth trend that started in early summer.

“Consumers’ stated intentions will continue to oscillate as they sort out post-recession spending priorities,” said Todd Hooper, retail and restaurant strategist. “Even with Christmas falling on a Saturday this year – which will hurt December sales a bit – recent consumer survey results coupled with strong numbers for Black Friday suggest modest continued growth in restaurant sales.”

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1 December 2010