Recession has sobering effect on NYC bars

NEW YORK New York City’s night owls are tightening their belts, with most going out less often than they did last year and many ordering cheaper drinks when they do hit the bars, according to a new study by Zagat Survey. New York has been hard-hit in the recession, especially on Wall Street, where the financial crisis led to massive layoffs. When asked by Zagat how the economic slump was affecting their nightlife habits, 38 percent of New Yorkers said were going to less-expensive ...

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