A survey conducted this month by Rewardsnetwork.com, an online dining rewards program, found that 36% of those surveyed are dining out less than they were three months ago.
The survey also found that while over a third of consumers may be dining out less, respondents still see it as an essential activity. Only one percent of all diners surveyed stated that they have cut out restaurant visits altogether, and 63% of the respondents stated that they were dining out the same amount or more compared to three months ago.
The economy was cited as the main reason by those reporting a drop in dining activity. Thirty-four percent of these respondents stated that they have less disposable income, while 27% mentioned the increased cost of dining out. Looking at all respondents, regardless of their dining activity, 80% reported that they are cutting back on other non-essential items. The items most likely to be eliminated included large purchases like a TV, computer or car, or personal care like massages, or botox treatments.