[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Swingly [@SwinglyHQ](/creator/twitter/SwinglyHQ) on x 1387 followers Created: 2025-07-17 18:00:01 UTC Americans say they’re cutting back on restaurants… but the numbers tell a different story 🍽️📊 Bank of America just dropped fresh data showing that restaurant spending is now growing faster than grocery spending, a trend that’s held steady since March. A few key insights from the report: • 📈Restaurant spend per household rose XXX% YoY in June • 🛒Grocery spend only rose XXX% in the same period • 💵Lower-income households are eating out less frequently — but spending more per visit • 🏪Discount grocers like Aldi are booming, especially in cities like Tampa, Austin, and Orlando • 🎯 The #1 theme? Selectivity. People are cutting back on frequency, not necessarily total spend. This suggests the consumer isn’t collapsing — they’re adapting. They're seeking value over volume, experience over convenience. If grocery spending takes the lead again, it might mark a turning point in household confidence and budgeting behavior. Until then, restaurants (especially low to mid-tier brands) might keep surprising to the upside.  XX engagements  **Related Topics** [faster](/topic/faster) [united states](/topic/united-states) [bank of](/topic/bank-of) [bank of america](/topic/bank-of-america) [stocks financial services](/topic/stocks-financial-services) [stocks banks](/topic/stocks-banks) [Post Link](https://x.com/SwinglyHQ/status/1945906350149833177)
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
Swingly @SwinglyHQ on x 1387 followers
Created: 2025-07-17 18:00:01 UTC
Americans say they’re cutting back on restaurants… but the numbers tell a different story 🍽️📊
Bank of America just dropped fresh data showing that restaurant spending is now growing faster than grocery spending, a trend that’s held steady since March.
A few key insights from the report:
• 📈Restaurant spend per household rose XXX% YoY in June • 🛒Grocery spend only rose XXX% in the same period • 💵Lower-income households are eating out less frequently — but spending more per visit • 🏪Discount grocers like Aldi are booming, especially in cities like Tampa, Austin, and Orlando • 🎯 The #1 theme? Selectivity. People are cutting back on frequency, not necessarily total spend.
This suggests the consumer isn’t collapsing — they’re adapting. They're seeking value over volume, experience over convenience.
If grocery spending takes the lead again, it might mark a turning point in household confidence and budgeting behavior. Until then, restaurants (especially low to mid-tier brands) might keep surprising to the upside.
XX engagements
Related Topics faster united states bank of bank of america stocks financial services stocks banks