Young adults, some of the restaurant industry's heaviest users, are cutting back significantly on dining out amid high unemployment, according to new research from The NPD Group. In the two-year period between May 2008 and May 2010, annual per-capita meal and snack occasions dropped from 242 to 216 for those ages 18 to 24. Those between the ages of 25 to 34 decreased their dining out occasions from 257 to 238 during the same period, according to NPD’s CREST research. Darren Seifer, ...
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