Restaurateurs say changes in dining habits may spell doom for economy
Daily MailAmericans are beginning to tighten their purse strings and dine out less, raising alarm bells with restaurant owners that the U.S. economy may be teetering on the brink. Research firm Circana found the number of people visiting restaurants was down 2.6 percent for the first half of the year, the Boston Globe reported, a trend brought on by years of high inflation and rising consumer debt. The cost of eating out has indeed gotten more expensive, with even fast food restaurants hiking prices by 33 percent since 2019. In response, chains like McDonald's, Wendy's and Burger King have all rolled out discounted meal deals in a bid to appeal to cash-strapped Americans this summer. The seafood restaurant had to yank scallops from the menu entirely because their cost surged so much that owner Nancy Caswell said she would have had to charge $50 for an entrée featuring just four scallops.
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Is the world giving up on fast food? Or is it just becoming unaffordable? – Firstpost
Firstpost
Food prices are no longer rising as much — but here's why it might not feel that way
NPR
Fast food chains launch ‘value menu’ war after cost complaints. Will it last?
LA Times
Even with food prices flattening out, the cost of dining out is still going up
CNN
With soaring prices, hoteliers say hiking prices of food items is inevitable
The HinduRising food costs cause people to skip meals, avoid dairy, alcohol, meat to cope financially
ABC
Corporations are keeping food expensive because, well, they can
CNN
Rising cost of food will push more families to food banks, say charities
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