Dining Out Tops List of Budget Cutbacks
Bad news for the restaurant world, eating out has topped the list of a survey of what people are willing to give up during a recession. The survey, conducted by New York marketing firm GfK Custom Research last fall found that 82 percent of those surveyed could easily forgo restaurant time as their first cutback in a difficult economy. Forbes reports that the National Restaurant Association in Washington, D.C., predicts that Americans will spend $566 billion eating out in 2009 which is a small 2.5 percent increase over 2008. The good news for those still interested in dining is that the deals abound. All across the restaurant spectrum, from casual dining to some of the best restaurants in the U.S., discounts and special offers provide an incentive to let someone else do the cooking.
Reader Comments (Page 1 of 1)
Andy Apr 22nd 2009 12:24PM
From what I've seen, I think that people are still eating out just stepping down in restaurant level.