Tuesday, September 20, 2005

Gas Prices Curbing Guest Counts

Analysis: High gas prices curb dining out
Prices at the pump led fewer Americans to dine out last month, according to a Technomic survey which found 18% and 19% of respondents cut their spending at quickservice chains and casual-dining restaurants, respectively. Rising energy costs are causing some restaurants to raise prices, industry watchers say, but the National Restaurant Association says the overall impact on restaurant sales should be minimal. http://r.smartbrief.com/resp/uksYwLdeCoAjqFRYtw