Study Shows Consumers Prefer to Dine Out Versus Cook at Home
While restaurants' revenue has increased, their profits have declined
Recent data from the U.S. Department of Agriculture shows grocery prices are up more than 8 percent than this time last year. While some consumers are still buying groceries and cooking at home, others have found it more convenient and cheaper dining out.
Darice Chapel, 29, has always enjoyed cooking meals at home. But she found herself cooking less during the (COVID-19) pandemic.
"Take-out Tuesday became a big thing in my household, and then it kind of just turned into take-out every day," said Chapel. "It was kind of just more convenient."
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