Emeritus Prof Christopher May on Nostr: Looking at data on #consumer spending (provided by Barclaycard), it looks like while ...

Looking at data on #consumer spending (provided by Barclaycard), it looks like while many sectors are recovery, despite the #costoflivingcrisis continuing, for #hospitality (and specifically #restaurants) there has been no recovery, just more decline;

certainly round here 3 restaurants are up for sale (and have been for a while) suggesting there is a shake-out taking place in the eating out market, drive by a shift in how the cash-strapped are spending their money...