Report: Consumer spending still strong in April

Consumer spending at restaurants and other businesses continued to improve in April, though the rates of growth in spending and guest traffic have abated slightly from the big increases seen in March, according to a new report by payment card processing firm First Data.

The restaurant sector posted one of retail’s slowest growth rates in same-store dollar volume, following sector like building materials or electronics. Restaurants posted strong growth in the number of same-store t

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