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Restaurant Menu Prices
Detailed full-service restaurant menu price data from the US, offering insights into inflation, consumer spending, and economic behavior.
Estimated Data Value: $1.5 million / yr 1
Introduction:
As dining habits evolve and inflation impacts household budgets, restaurant menu prices provide a tangible measure of economic shifts. Unlike fast food, full-service restaurant pricing offers deeper insights into consumer spending and price inflation across various income brackets. Hedge funds and analysts are eager to tap into this underutilized dataset to understand trends in dining costs and assess their role in inflation indices like the Consumer Price Index (CPI).
What Data is in Demand?
Buyers are looking for restaurant menu price data with the following characteristics:
Historical Pricing: Detailed price records for full-service restaurants across the US to track inflation over time.
Standardized Dishes: Like-for-like menu items to ensure comparability across time and regions.
Geographic Coverage: Focus on the US, with datasets offering regional or national insights.
Frequency: Ideally weekly data to capture fine-grained changes, but monthly data is also acceptable.
Who is Buying This Data?
Hedge Funds and Quant Firms: Incorporating restaurant pricing into inflation and economic activity models.
Market Analysts: Leveraging menu prices as a proxy for disposable income and consumer confidence.
Food and Beverage Corporations: Monitoring price trends to inform pricing strategies and supply chain decisions.
Why This Data is Valuable:
Inflation Tracking: Full-service restaurant prices are a key, yet underrepresented, component of CPI-related indices.
Economic Behavior Insights: Changes in menu prices can signal shifts in consumer spending patterns and preferences.
Sector-Specific Trends: Analyzing restaurant pricing helps identify regional trends, supply chain issues, and competitive dynamics.
Get Involved:
If your company has access to detailed and standardized restaurant menu price data, there is significant demand from hedge funds and financial analysts. Let’s work together to unlock the potential of this underutilized dataset!
1 This figure was calculated using a combination of factors that include market size, size requirements, and scarcity and is an estimated value. The value reflects the total across all potential buyers, and is not reflective of a single deal.