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Restaurants Get a Long-Awaited Boost as Stimulus Payments Flow

  • Economic aid seen giving restaurants a much-needed lifeline
  • Data, companies show there’s a clear rebound from December
New York City Downgraded By Fitch Over Pandemic's Blows
Photographer: Nina Westervelt/Bloomberg

The beleaguered restaurant industry is experiencing a boost as $600 stimulus checks make their way into American households.

Restaurant sales were at their strongest since the start of the pandemic during the Jan. 4 to 17 period, according to the Facteus U.S. Consumer Spend Index, which tracks credit- and debit-card spending. TGI Friday’s, Dave and Buster’s Entertainment Inc. and Hooters of America have cited the stimulus when discussing higher demand.