accountingsucks
Recycles dryer sheets
- Joined
- Jan 28, 2006
- Messages
- 346
Found the following excerpt/link to be interesting. Personally last year 61% of such spending was for groceries and 39% was eating out so I apparently eat out alot less then the average Canadian. What about all of you?
EDMONTON - Despite economic recovery, Albertans are losing the big appetite for dining out they acquired during the boom.
The ratio of sales at restaurants and pubs to sales at grocery and liquor stores fell below 0.54 in the first quarter of 2010, according to Statistics Canada. That means for every dollar spent at a grocery or liquor store, less than 54 cents was spent at a restaurant or bar.
Compare that to the first quarter of 2007 when the ratio was at its highest level at 0.57. For every dollar spent on groceries, 57 cents was spent on a night out.
Read more: Recession turns tables on restaurants
EDMONTON - Despite economic recovery, Albertans are losing the big appetite for dining out they acquired during the boom.
The ratio of sales at restaurants and pubs to sales at grocery and liquor stores fell below 0.54 in the first quarter of 2010, according to Statistics Canada. That means for every dollar spent at a grocery or liquor store, less than 54 cents was spent at a restaurant or bar.
Compare that to the first quarter of 2007 when the ratio was at its highest level at 0.57. For every dollar spent on groceries, 57 cents was spent on a night out.
Read more: Recession turns tables on restaurants