In my post the other day, I talked about how inflation was causing groceries to be more expensive. How about restaurants? A year and a half ago, an original grand slam from Denny’s cost $9.29. Today, that same breakfast costs $11.59. That is a 24.7% increase in just 18 months, or an annual increase of 16.5%.
Categories: economics
3 Comments
Big Ruckus D · November 12, 2022 at 4:03 pm
It’s already really bad, and poised to get worse. I have cut back on meals out because of it, as well as service and food quality being in decline.
One place I still go to has redone their menus three times in two months, which itself is costly as they have a 6 page lithographed menu inserts (including front and back covers) that have to be hand stuffed into a heavy duty plastic cover. Staff does this menu assembly work in their “down time”. Multply cost by 3 locations.
I see lot of eateries already running on the edge. I expect 2023 will see a massive wave of closures. Ongoing staff problems are forcing many places to either irregular hours (let’s play “will they be open today or not?”) Or choosing to do only dinner service and sacrificing lunch. Have seen a few that are closed two days a week now, as well
Many chain fast food joints here are still drive through only, no dine in, and running significantly reduced hours at that. Many are closed entirely by 7 or 7:30 in the evenng, and some now close entirely on Mondays, which was never a thing for fast food places until the post covid era.
This is all due to being short staffed. I notice many no longer turn on their outside lights at night, either parking lot lighting or exteiror signage. This creates a striking effect of near “blackout zones” when driivng along major arterial roads where clusters of them are located next to each other. The only lighting when they are open is inside the building, and headlights in the drive through.
mike · November 13, 2022 at 9:08 am
I live in a tourist region full of restaurants, many on the pricey side. They all took a huge hit with the 2020 shutdowns and the
labor shortage of the willing. The virtue signaling in this industry when it comes to the Kung Flu was and remains over the top. As recently as last winter, many of them were circulating a petition in their jurisdictions to have mask mandates and proof of vaxx regulations in place. It was not enough for them to do as they pleased with their own business. They got what they wanted, and within a few weeks the CDC had relaxed its guidelines and they were forced to fall all over themselves to get their own regulations lifted again. I very rarely eat out now. It is an easy thing to do without once you rid yourself of the habit. I look forward to seeing these woke eateries go extinct.
Steve · November 14, 2022 at 12:20 pm
Large iced tea at McDonalds has been $1 for the last several years. This summer, $1.75 became typical, now $2.49 is about the cheapest I can find it.
The hole in the wall mexican place we go to for birthdays, the fajita dinner cost $9.95 in March, $16.95 in August, $21.95 a couple days ago.
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