Cloudy future

Darkening economy dampens consumers’ spending plans

Just when consumers were feeling a little sunnier about their financial future, the economic skies began to cloud up once more. 

Impacted by high gas and food prices as well as lackluster job growth, the American consumer has lost its sense of optimism again, which is dragging down restaurant visits and spending, say officials at global market research firm The NPD Group

According to Port Washington, N.Y.-based NPD, after eight quarters of decline, restaurant-industry traffic

All access premium subscription

Why Upgrade your account?

NRN is your one-stop source for foodservice news and business intelligence. Upgrade today and get unlimited online access to all breaking news, in-depth analysis, data and tools. This includes digital versions of NRN flagship reports (Consumer Picks, Top 200) as well as Same Store Sales Data Tables, Quarterly Industry Snapshots and more.

Questions about your account or how to access content?
Contact: Desiree Torres [email protected]

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.