Friday, June 10, 2016
Consumer Spending Update: What’s for Dinner?
If you’re planning on going out to eat this month, you may want to get a reservation.
Roughly one-in-four consumers (24%) report that they’re now going out to eat more than twice per week, up five points from a month ago and the highest finding in more than two years of polling. Forty-one percent (41%) say they rarely or never venture out to restaurants, but that's down five points from last month and a new low.
Seven percent (7%) of adults continue to say they choose fine dining when they go out to eat. Sixty-six percent (66%) are eating at casual dining restaurants, and more than half (51%) expect to pay anywhere from $10 to $20 per person when they go. Seventeen percent (17%) expect to pay between $20 and $35 per person.
The number of fast food patrons dropped three points to 21% this month, also hitting a more than two-year-old low.
Regardless of whether they're eating at a fast food, casual or fine dining restaurant, the vast majority of consumers consider their dining-out experience to be a pleasure. Just 12% still say it’s a hassle.
For more information on Rasmussen Reports consumer spending and economic data, send an e-mail to email@example.com.