Do Restaurants Suffer During a Recession?

Are Meals Out a No-No When You're Trying to Save?


We're all aware that eating out can be a serious drain on your wallet, and I'm not here to lecture you on where you should budget your money. If you love eating out but manage to save as much as possible by cutting expenses in other areas of your life, so be it!

The New York Times published a brief, inconclusive article on the prospect of restaurants suffering more during a recession. The article stated that "restaurant traffic does not always fall during a recession" — mind-blowing information, I know. But it got me thinking, with the ongoing conversation of a possible recession and the instinctual response to save more, is eating out one of the first things to go? Or are meals out similar to the "lipstick indicator," which replaces more expensive indulgences with lipstick, or in this case, ordering from a menu?

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