In Manhattan, high prices lift spending growth at restaurants

Summary

• Restaurant spending growth was strongest in Manhattan during NYC Restaurant Week® Summer 2026.
• Transaction growth fell in Manhattan while spending increased, indicating higher prices drove the spending gain.
• Staten Island, The Bronx, and Brooklyn all experienced increased transaction growth compared to the previous year.
• The analysis period for NYC Restaurant Week® Summer 2026 was July 20 through August 16.
• Data was aggregated from point-of-sale spending via credit, debit, and digital wallet channels across New York City boroughs.
• Manhattan showed a negative trend in average number of transactions while other boroughs saw positive transaction growth.
• The report was prepared by the Bank of America Institute using internal data.