Angus Reid Survey Shows Canadians Dining Out Less Due to Cost of Living
1 report, 1 independent
Updated Thu 00:00
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What happened
Angus Reid released findings from a survey regarding Canadian dining habits, conducted in May with 1,500 participants. The report found that 80% of all respondents stated they were dining out less often due to the rising cost of living, up from 75% the previous year. This trend was also noted among higher earners, with 78% of households earning $100,000 annually or more reporting the change.
From globalnews.ca
Why it matters
The data suggests a significant shift in consumer behavior across Canada's service and hospitality sectors. The findings illustrate how cost of living pressures are impacting discretionary spending and dining frequency among various income brackets.
From globalnews.ca
Who's involved
- Angus ReidCanadian market researcher who conducted the dining habits survey