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After opening for outdoor dining following months of lockdowns and economic hardship, US restaurants are recovering, but at a glacial pace. Indeed, a new report by S&P Global Market Intelligence revealed that the recovery of sales and employment slowed down in August.

“August sales for the embattled industry fell about 15% from the year-ago period, leaving the US restaurant industry on pace to lose $240 billion in sales by the end of the year, according to the National Restaurant Association,” revealed the S&P report, which was written by Michael O’Connor and Chris Hudgins.

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