How will restaurants fare in our current economy?

Posted on 10-24-08 · Tags: , , , ,

When you think about penny pinching what gets cut first? Coke and strippers, shoes for every occasion, electronics, and of course eating out. Restaurants across the country are beginning to see the fallout from the market, increasing food prices, and substantial loss in customer turnout. In New York it’s unclear how much of an impact there will be. Over at Chow, the kids are talking. I had to ask too, have you cut your restaurant/bar budget or changed your diet? Are you seeing increases in entree prices or pre fixes? Or more happy hours and value meals?

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