Americans Spending More at Restaurants than on Groceries
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iStock/Thinkstock(NEW YORK) — For the first time in recorded history, Americans are spending more money at restaurants and bars than at grocery stores, according to new data from the Commerce Department.
You can thank millennials for the shift — a generation that, according to America’s Restaurant Association, views dining out as a social event.
The booming online and mobile delivery industry could also be playing a role in this change.
In New York City alone, ads for the Seamless app are all over subways, saying things like “happiness is riding and ordering dinner at the same time.” Its parent company Grubhub now lets customers order directly from restaurants in 800 American cities.
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