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80°
Thursday, jun 4
Tag:
Dining Out
Business
Holiday Spending To Drop For First Time In Five Years, Survey Expects
Holiday shoppers are expected to spend less in 2025, marking the first decline since the COVID-19 pandemic, according to a new survey. PricewaterhouseCoopers released its 2025 Holiday Outlook on Wednesday, Sept. 3. The financial firm found that Americans plan to spend an average of $1,552 over the holidays, down 5% from 2024. Gift budgets are taking the biggest hit, dropping 11% to $721, as consumers pull back on shopping amid President Donald Trump's widespread tariffs. "People are going to keep shopping, but with continuing concerns about tariffs and elevated prices (especially on electr…
Business
Economic Expectations Sink To 14-Year Low As Trump's Tariffs Crush Consumer Confidence
Consumer confidence has continued its sharp decline in 2025 as President Donald Trump's tariffs fueled Americans' pessimism about the economy, jobs, and their own incomes. The Conference Board's Consumer Confidence Index dropped 7.9 points to 86.0 in April, the nonprofit said in a news release on Tuesday, April 29. This marked the fifth straight decline and the lowest reading since the early days of the COVID-19 pandemic. The Expectations Index, which tracks views of the next six months, plunged 12.5 points to 54.4 – its lowest level since October 2011. That's far b…
Lifestyle
MA Has Top 10 Food Scene In U.S., Top Culinary School Says: Here's Why
Three states in the Northeast stood out in a nationwide study for their vibrant food scenes. New York, Massachusetts, and New Jersey were ranked in the top 10 by the Auguste Escoffier School of Culinary Arts. While Hawaii easily claimed the top spot in the annual food scene rankings, New York scored high enough to earn second place. The study, which analyzed factors like restaurant spending, jobs, and independent eateries, highlighted these states for their vibrant food cultures and economic contributions. "Usually when we think of a restaurant "scene," we think on the small scal…
Lifestyle
Why Are Americans Dining Out Less? A Closer Look At Changing Habits
Rising costs and shifting priorities are reshaping how Americans approach dining out. Reports reveal a notable decline in restaurant visits, particularly among middle-class families and younger generations. Here are key factor driving the decline: Rising Menu Prices: Inflation has notably driven up the cost of dining out significantly. According to Yahoo Finance’s “6 Reasons the Middle Class Can’t Afford To Dine Out Anymore,” soaring food prices have left many consumers rethinking their restaurant habits. Economic Pressures: Broader inflationary trends are squeezing househo…