Over the past year, more Americans have been enjoying meals at fine-dining establishments. Upscale restaurants have experienced an increase in business of 3%, which translates as possibly millions more Americans dining together at quality restaurants.
When considering restaurant sales in the United States, upscale restaurants comprise 10% of the total sales within this industry. On average, the price of a meal at a fine-dining restaurant is $28.55. This will, of course, vary depending on the specific restaurant, where it is located, and the type of menu that they offer.
The Bureau of Labor Statistics reports that higher-income households tend to purchase a larger percentage of food away from home. Households that earn $100,000.00 or more are responsible for spending 36% for fine-dini Continue reading