ATL eateries get 5.6 percent third-quarter sales boost

The third quarter was good for operators of Atlanta-area restaurants.

Sales were up 5.6 percent in the quarter compared to the same period in 2012, says Robert Wagner, president of NetFinancials, which offers tax and accounting services for the industry.

The reason: “Robust Atlanta-area visitor traffic, local population growth and positive metro economic trends,” Wagner said. In addition, consumers are more optimistic on the economy, leading to increased spending at restaurants, he said.

Wagner surveyed 87 independently operated, non-franchise metro Atlanta restaurants for the data, including fast-casual, casual and fine-dining eateries. Total sales for quarter was $50.76 million.

The third quarter sales growth followed a 2.4 percent first quarter 2013 increase and a 4.2 percent second quarter 2013 upward bump compared to the same periods in 2012

About the Author

Medical company announces expansion in Columbus with 480 jobs

A medical logistics company that makes health care kits announced an expansion plan for its Columbus operations, which will add 480 new jobs to the region.

What you need to know about the Netflix bid to buy Warner Bros. Discovery

The blockbuster deal, totaling about $72 billion, will create a combined portfolio of many of Hollywood’s best known properties.

AI is reshaping fintech jobs. Georgia is building the talent to match.

Financial technology is the backbone of commerce and a pillar of Georgia’s economy, and it’s one that could be disrupted by artificial intelligence.

The Latest

Credit: Courtesy of Nissan

OPINION

Nissan’s e-Power: An EV driving experience, fueled by gas

OPINION

December car sales are good but not magic

In the market for a luxury vehicle? You might reconsider Lincoln.

Featured

Credit: Miguel Martinez-Jimenez

When ICE takes breadwinners, it takes a toll on families ... and on the economy

For immigrant families, brushes with ICE can result in financial precarity that could have implications for the broader economy.

‘I’m a bad kid,’ he told himself. How Georgia’s special ed program failed one child

Parents find that it's easy to get into the GNETS program, but in some districts, difficult to leave.

‘A lot of blame, but not enough action’: Atlanta leaders lack path to fix jail

Stakeholders across Atlanta and Fulton County grapple with a complex web of issues that contribute to overcrowding, crumbling structure.