.. Now if people were saving any money previously spent on commuting and eating out, then that would reduce GDP expenditure. The high levels of inflation suggest this isn't the case.
.. Now if people were saving any money previously spent on commuting and eating out, then that would reduce GDP expenditure. The high levels of inflation suggest this isn't the case.
They could get away with this because they had a captive group which was previously forced to be in that location with relatively few options.
This may depend on your area but this hasn’t been my experience. I used to commute into downtown Portland for work and we had a great selection of options for lunch and happy hours, a plethora of food cart options which were great and affordable, and a number of decent bars where you could meet a friend for drinks afterwards.
Now I work from home in the suburbs and, while I wouldn’t trade being remote for anything, the food options here mostly consist of bland fast food and chain restaurants. One of the things I miss the most is grabbing a decent lunch with a coworker and breaking up the monotony a bit.