Within the second quarter of 2025, spending at consuming and consuming locations reached a brand new report of $1,249.3 billion on the annual fee, up from $1,223.3 billion within the first quarter, in keeping with information from the Bureau of Financial Evaluation.*
As illustrated within the accompanying desk, present spending ranges stay effectively above the pre-pandemic pattern noticed from 2010 to 2019. Had that pattern continued uninterrupted, spending in Q2 would have been roughly $1,003.1 billion. This implies precise spending is now 24.5% increased than the projected trendline.
After all, a lot of this hole may be attributed to elevated worth ranges in comparison with the pre-pandemic interval.
In inflation-adjusted phrases, actual spending at consuming and consuming locations totaled $885.3 billion in Q2 2025 (expressed in chained 2017 {dollars}), additionally an all-time excessive and up from $876.4 billion in Q1. If the pre-pandemic trajectory had persevered, actual spending would have been $879.5 billion—simply 0.7% beneath the precise determine.
These information supply reassurance and spotlight the continued resilience of client spending within the sector. Regardless of quite a few headwinds going through each the trade and the broader economic system, actual spending at eating places and foodservice institutions stays barely above pattern, a really encouraging signal.
*These information come from the Private Consumption Expenditures by Sort of Product (Desk 2.4.5) and the Actual Private Consumption Expenditures by Sort of Product, Chained {Dollars} (Desk 2.4.6) tables on the BEA web site, trying particularly on the Bought Meals and Drinks element of Foodservices spending.
