How important are urban restaurants? This recent article by Eduardo Porter makes the argument that they are a "central pillar of superstar cities." They are the social spaces that draw young and smart people to cities (see above) and that fuel our creative economy.
According to Eduardo, in the 1970s, urban consumers in US cities typically devoted about 28% of their overall food budget to dining out. As of 2019, restaurants, bars, food trucks, and other dining establishments consumed about 47% of this budget for people living in cities with a population greater than 2.5 million.