“What we see here is reflective of a general price consciousness trend that has been brought on by rising fuel expenses. The influence of changing energy costs on dining out habits is strongly related to both income and a persons current dining habits, while location is not really a factor.”
Share this quote:
“Given how dramatically these costs have risen in the past year, its logical to see a change in consumer behavior, especially around household expenses that are often perceived as indulgences, like dining out. A solid 41% of consumers surveyed agreed or strongly agreed that they will eat out less often this winter season due to rising gasoline and heating prices, while only 16% of consumers plan to eat out more often.”
Share this quote:
“Interestingly, however, only 22% planned to give them as gifts this season.”
Share this quote: