Sunny

Sunny

max temp: 21°C

min temp: 15°C

Search

Bury St Edmunds: Greene King launches ‘leisure tracker’ survey of consumer spending trends

PUBLISHED: 09:25 08 April 2014 | UPDATED: 09:26 08 April 2014

One of Greene King's Loch Fyne seafood restaurants.

One of Greene King's Loch Fyne seafood restaurants.

Pubs and brewing company Greene King, a member of the new Top100 listing of the leading companies in Suffolk and Norfolk, has launched a new survey designed provide a regular insight into “discretionary” spending by consumers.

The Greene King Leisure Tracker will focus on spending in areas such as eating out, drinking out, gambling, cinema-going, health and fitness and live events.

Data will be gathered monthly, based on an online, nationally representative sample of around 2,000 individuals aged 18-plus). The first survey, for February, shows a 6% increase in household leisure spending compared with January, from £191 to £203.

Of the £12 increase in spending, £11 came from eating out and drinking out, which represented around two-thirds of the spending measured in the survey.

The increase is thought to have been driven by the impact of the half-term holiday and the gradual recovery of the consumer finances after the festive period.

Greene King commercial director Steve Jebson said: “We are delighted to be launching the first ever Greene King Leisure Tracker. We have been running the data since August 2013 so we have already built up a detailed picture of where and when GB households direct their leisure spending.

“With the economy slowly improving we are confident that this will eventually filter down to the wallets and purses of consumers but we do not believe that is happening yet. This improvement is mainly due to increased family leisure spending during the half-term holidays and households feeling slightly less strapped for cash after their Christmas spending spree when spending peaked at £249.”

Mr Jebson added: “We are confident the Greene King Leisure Tracker will be used by the trade, by the media and by the City as the place to find a timely and thorough overview of Britain’s leisure behaviours.”

The Greene King Leisure Tracker survey forms part of an wider questionnaire run on behalf of Greene King by research partner YouGov and analysed in conjunction with consumer insight and foresight consultancy Trajectory Partnership.

Paul Flatters, chief executive of Trajectory, said: “It is great to see Greene King spearhead the leisure industry by creating the Greene King Leisure Tracker.

“This kind of category leadership shows a true understanding of the importance of consumer behaviour on spending, which not only benefits the leisure trade, but also those involved in reporting it,” he added.

Search hundreds of local jobs at Jobs24

0 comments

Ipswich Building Society has added further to its expanding range of mortgages with the launch of three new five-year fixed rate products, aimed at the Residential, Buy-to-Let and Shared Ownership markets.

A pub near Chelmsford which was taken over last year by Essex-born chef brothers Chris and Jeff Galvin has been named as the best in the East of England.

A Suffolk company set up to install and operate revenue-earning charging points for electric vehicles across East Anglia and beyond is well set for growth after signing a deal at an international conference.

The UK economy suffered an even deeper slowdown at the start of the year as the services sector came under pressure and inflation dealt a blow to household spending.

They are the powerhouses of our region – the companies which drive the local economy and employ tens of thousands of people across Norfolk and Suffolk.

Management Jobs

Show Job Lists

Most read

Topic pages

Newsletter Sign Up

Sign up to the following newsletters:

Sign up to receive our regular email newsletter
MyDate24 MyPhotos24