Posted on

Dining Out is Killing Americans’ Budgets

bloomberg_eating_out

Daniel Lattier | September 11, 2015

This past spring, Americans’ spending at restaurants surpassed their spending at grocery stores for the first time ever:

At the same time, a recent survey showed that “Among those [making $75,000 or more] who are not saving as much as they believe they should because of spending on lifestyle purchases, 68 percent blamed dining out as the main reason. Among millennials (ages 18-34), 70 percent blamed dining out.”

https://www.intellectualtakeout.org/blog/dining-out-killing-americans-budgets