The State of On-Premise Beverage Alcohol

Despite record stock market highs, low employment and some positive sales momentum in recent quarters, the full-service restaurant industry still struggles with some significant challenges. For one, while wages have improved a bit, they haven’t been increasing at a significant level, which continues to hamper consumer spending. Rising interest rates and a softening housing market has made many households more conservative about dining out. The low unemployment rate makes it difficult for restaurants to recruit…

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