Last month’s winter storm caused an economic dip in recovery from the COVID-19 pandemic.
In recent months, the restaurant industry saw signs of improvement, with lost sales softening.
In January, there were 9 percent fewer transactions than year-ago levels, but February’s southern winter blast brought an average decline of 13 percent. In Texas, where the storm shut down power grids, transactions declined by 46 percent.
Despite the missed dining revenue, the NDP Group calls it “a temporary setback.”
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