Inflation Shifts American Dining Habits: Home Cooking is Back Americans are adjusting their dining habits in response to ongoing inflation, with many opting to cook at home rather than eat out. While grocery prices have increased by 1.1% in the past year, restaurant meal costs have risen by 4.1%. This disparity has led to a decline in sales for fast-food chains and restaurants, with McDonald’s reporting its first sales drop since the 2020 pandemic shutdowns. Consumers are now more likely to splurge on groceries for home-cooked meals rather than dining out, prompting restaurants to offer more deals and meal combos to attract customers. This shift in consumer behavior reflects the cumulative impact of price increases since mid-2020, with grocery costs up 19% and restaurant prices up 24%. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts The Commodities Feed: Gold Nears $2,200/oz READ MORE Yellen Puts China on Notice: U.S. Industries Must Be Protected READ MORE Gold Holds Above $2,400, Eyes Third Consecutive Weekly Gain READ MORE RBI Relocates 100 Tons of Gold from UK to India, More Expected READ MORE Gold Prices Waver as Markets Await Inflation and Fed Signals READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment