Cheers! DFW residents spend most on eating out, alcoholCheers! DFW residents spend most on eating out, alcoholhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=105642015-09-17T05:00:00Z2015-09-18T19:00:00Z

​​​​FORT WORTH – ​​The Dallas-Fort Worth metropolitan area leads the nation in percent of household expenditures spent on restaurant and alcoholic beverage purchases, according to the Bureau of Labor Statistic's Consumer​ Expenditure Survey.

According to the survey, 6.10 percent of their total spending went toward eating out compared with the national average of 5.16 percent. San Francisco and Los Angeles follow with 5.7 and 5.6 percent, respectively.

An average household in the Metroplex spent 1.2 percent on retail alcohol.

According to The Washington Post, one possible explanation for this figure is Texas' on-premise excise tax on alcohol, which means establishments that have mixed-beverage permits pay a 14 percent tax on gross receipts. That cost is passed on to the consumer, meaning drinks at bars are pricier, and there is more incentive to purchase alcohol at stores. Even so, Texas ranks in the bottom half for excise taxes on alcohol.

​Also at the top of the list are Cleveland and Philadelphia, whose citizens spend around 1.1 percent of total expenditures on alcohol.​

Fort Worth Business Press
Dallas-Fort Worth-Arlington
http://www.fortworthbusiness.com/news/arts_and_culture/we-re-no-dallas-fort-worth-leads-the-nation-in/article_ebd03552-5bd3-11e5-bac5-6bb95130801f.htmlRead more at {Source}

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