Forward Looking Consumer Survey

1,500 Respondents

Slowing Stimulus = Slowing Prospects

Forecast for July 2021 (Y/Y Change)

  • RR’s Intent to Eat Out Index (our survey of 1,500 consumers’ plans to eat-out over the next month) is running out of steam along with government stimulus.

  • It seems that material food-away-from-home inflation can only be absorbed by government stimulus. Without this, traffic suffers.
  • Notably, supplemental unemployment benefits are set to end in at least 25 states beginning in mid-June.
  • Fortunately, child tax credit payments are forthcoming shortly.

  • Weakness is most notable among the working age demos (25-64).

Monthly Sequential Change