Dining Out: Americans Cut Back, Value Shifts

Americans are dining out less due to rising costs, with seven in ten still eating out monthly but a third doing so less frequently. Half of U.S. diners have changed preferences to save money, opting for cheaper restaurants and discounts. Eight in ten feel restaurant prices have increased, particularly at fast-food chains like McDonalds, which saw a decline in lower-income visits. Despite challenges, McDonalds global comparable sales increased by 3.6% in 2021, emphasizing the importance of value, tasty menu items, and affordability. Looking ahead, value will encompass overall experience and hospitality, with the industry expected to add 200,000 jobs by 2025, reflecting consumers desire to dine out more often. DNN | The Daily News Now! The world’s first global local news network. Every city. Every story. AI powered. Hosted on Acast. See acast.com/privacy for more information.