Food takes the biggest bite out of North American consumers’ wallets during the summer months: 42.4% of U.S. shoppers’ spending is on food. Canadians spend just slightly less, at 41.3%.
Summer also is a time when a significant portion of consumers dine out. From June to August 2019, 19.9% of U.S. shoppers estimate they will spend more than $300 per month at restaurants, and 28.2% will spend $100 to $300. Canadians are more frugal with their out-of-home dining: while 28% will spend $100 to $300 per month eating out, $300 is the top limit for Canadian consumers: none plan to spend more than that eating out during the summer months.
Learn more about U.S. and Canadian summer spending habits in this infographic from Lightspeed.