date:Dec 27, 2012
in Japan is, at $8.90, the highest in the world. China has the lowest average dining bill. In the U.S., its $6.35.
American restaurants are seeing slow growth in spending, which was up 2.1% in the third quarter. A new report Friday from Thomson Reuters/University of Michigan showed U.S. consumer confidence plunging to a five-month low amid fiscal cliff fears.
American spending, however, rose, according to the Commerce Department.
Consumer confidence is weak and whether its concern for inflati