Restaurant online and physical visits fell 2% 1Q-22, versus 1Q-21, as the Omicron covid surges and soaring inflation suppressed restaurant use, according to the latest data from the NPD Group’s CREST consumer panels. Aided by big menu prices increases, spending at restaurants rose 7%. Traffic this year crept 1% above 1Q-2020, when covid began to…
You may also like
Overall Jobs Growth Continued Surprisingly Strong In...
Jobs Openings Fell, But Net Hiring At Hotels And...
We’ll Leave Outlook Unchanged As Economic Trends Were...
Revenues Fell 1.1% 2Q-24 Vs 2Q-23 In R.W. Baird...
E&S Market Analysis: As We Expected, the E&S...
Consumer Confidence Fell Slightly In April But Remains...
About the author
