Higher Gas Prices Spur More At-Home Eating
Aug 27, 2007 6:00 AM
PORT WASHINGTON, N.Y. — Higher gas prices are spurring Americans to eat at home more frequently, according to a NPD Group report. Coinciding with a rise in gas prices, which reached an all-time high in May at $3.19 per gallon, is a slow-down in per capita visits to restaurants. Consumers also report going out to eat less, citing cheaper prices as the primary driver of at-home eating. One-quarter of consumers are visiting quick-service restaurants less frequently and one-third of consumers say they are visiting casual dining and family-style restaurants less often, according to NPD Group data. Forty-two percent of people who are visiting quick-service restaurants less now eat at home more, while half of consumers who went to casual dining and family-style restaurants less say they’re eating at home more.
Read More of Today's Headlines
Subscribe / Renew to Supermarket News
The most reliable source of industry news and insight...in print and online.
- Subscribe Today and gain instant access to the online SN Archive
- Renew
- Sign up for email newsletter
advertisement
Most Viewed News
Retail Analytics
Brian Ross
In This Week's Viewpoints
Dan Alaimo:
The Pace of Change Challenges Food Retailers
Reader Comments
Your Opinion: How has the economic downturn affected your company's strategies for the holiday?













