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Stock impact report

Why Americans Are Suddenly Going Out to Eat Again [Yahoo! Finance]

Texas Roadhouse, Inc. (TXRH) 
Last texas roadhouse, inc. earnings: 2/20 04:03 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Credit: Jurij Pliatsushok / Getty Images Key Points Tax refunds are giving Americans a short-term boost in dining out, with restaurant spending jumping 53% in the two weeks after refunds were deposited, according to Chime data. Full-service restaurants are seeing the biggest gains, as diners use refunds to return to sit-down meals they had been skipping due to rising costs. While grocery spending also increased, much of it went toward restocking essentials, highlighting how refunds briefly ease budget pressures. The cost of eating out has climbed faster than grocery prices for three straight years, with full-service restaurant prices rising another 0.3% in March, according to the Bureau of Labor Statistics More than 70% of consumers would dine out more often if they had more disposable income, the National Restaurant Association's 2026 State of the Restaurant Industry report found — but for most Americans, that extra room simply hasn't been there. Tax refund season change Show less Read more
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