Consumers Showed Little Appetite for Restaurants Last Month

It's been a rough ride lately for the U.S. economy, and nowhere has this been more evident than at your favorite restaurant.

According to ChangeWave's December consumer survey, it looks like more belt tightening went on last month when it comes to dining out. The survey of 1,308 consumers focused on dining habits and found a further weakening in restaurant spending.

More than half of respondents (51%) said they'll be spending less money at restaurants going forward - an all-time high in a ChangeWave survey. Only 7% said they'll be spending more, unchanged from November. continued

by Paul Carton | 01/16/09 | Stocks: CPKI, DRI, MCD, PFCB,

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Consumers Showed Little Appetite for Restaurants Last Month

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