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Restaurants

Diners aren't going to steakhouses just for the steak anymore

by Kristin Schwab and Sofia Terenzio
Feb 19, 2024
Some steakhouses are changing their menus and venues to accommodate new consumer preferences.
Some people like going to steakhouses for the vibe or ambiance, not just the steaks, says journalist Alina Dizik.
Andrew Toth/Getty Images for Harv
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What drove the strong growth in GDP at the end of 2023? Consumer spending.

by Stephanie Hughes
Jan 25, 2024
Nostalgia, cold weather and an uptick in business travel have been good news for three Baltimore businesses.
The bump in GDP reflects increased consumer spending on goods and services.
LumiNola/Getty Images
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Expect restaurants to go all in on breakfast this year

by Kristin Schwab
Jan 18, 2024
Given inflation, consumers are leaning into eggs Benedict as a way to stick to their budgets and still treat themselves. And restaurants like brunch for its hearty profit margins.
Turns out more Americans are saying "Cheers!" to brunch and breakfast.
Eric Marion Williams/Getty Images
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Americans pulled back on restaurant spending in September, report says

by Elizabeth Trovall
Oct 4, 2023
Instead of $50 main courses, they're opting for sandwiches and other lower-priced items, say restaurants around the country.
Restaurant owners are reporting lower customer spending averages and fewer hours of operation.
Scott Olson/Getty Images
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"City of Gold"

How to act as a responsible foodie

by David Brancaccio and Erika Soderstrom
Sep 27, 2023
Diners have a responsibility to learn about the history of restaurants and the people behind them, says professor and author Pascale Joassart-Marcelli.
"I think that foodies have a responsibility ... to educate themselves and to reflect on the impacts of the consumption," said professor Pascale Joassart-Marcelli.
Sandy Huffaker/AFP via Getty Images
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Settling the Bill

What does tipping look like in the United Kingdom?

by Elizabeth Hotson
Sep 21, 2023
Free health care and a higher minimum wage in the U.K. means that there's less reliance on tips to make up workers' income.
In the U.K., the standard tip is roughly 10% at restaurants, though people won’t leave any extra if they think the service hasn’t been good enough.
Peter Summers/Getty Images
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"City of Gold"

Restaurants on wheels

by Ellen Rolfes
Sep 18, 2023
Econ Extra Credit newsletter #166
Roy Choi's Korean fusion truck Kogi helped kick off the food truck trend.
Samantha Trauben/Getty Images for International Rescue Committee
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Fish tacos for about $1?

by Jill Replogle
Sep 13, 2023
El Pueblo Mexican Food, a family-owned restaurant chain in San Diego, California, is bucking price trends.
A customer waits to order food at El Pueblo’s roadside taco stand in Cardiff, San Diego.
Jill Replogle/Marketplace
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"City of Gold"

Feeding gentrification

by Ellen Rolfes
Sep 11, 2023
Econ Extra Credit newsletter #165
Roast To Go has been at Grand Central Market since 1952.
iStock Editorial/Getty Images Plus
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"City of Gold"

On "City of Gold"

by Ellen Rolfes
Sep 4, 2023
Econ Extra Credit newsletter #164
The documentary from 2015 follows Pulitzer Prize-winning critic Jonathan Gold through the culinary culture of Los Angeles.
Screenshot via YouTube
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