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Article: Cost of restaurant meals declines again in Southland. (Los Angeles/Southern California) (Industry Overview)
- Article from:
- Los Angeles Business Journal
- Article date:
- November 21, 1994
- Author:
CopyrightCOPYRIGHT 1994 CBJ, L.P. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Price drop here surpasses that of anywhere else in U.S.
The average cost of a restaurant meal has dropped more in the Southland during the past three years than in any other region of the country, according to the 1995 Los Angeles/Southern California Zagat Restaurant Survey.
Between 1991 and 1994, the average price of a meal here fell 18 percent, from $27.91 to $22.95, according to the survey. The next biggest drop came in Boston, where the tab fell 16 percent.
Looking at the past year alone, the average price in the Southland slipped 3.4 percent compared with 1993, according to the survey.
The Los Angeles/Southern California Zagat survey was ...