Bank of America Summer BBQ Tracker - What's Up With That, huh...?
[D]Grilling deeper:
#4) Burgers/Hot Dogs reign supreme if you can find them
Most common items expected to be served include hamburgers (75%), hot dogs/sausages (71%), chips (71%) and domestic beers (47%). However, several consumers expressed concern around being able to find hamburgers as well as hot dogs and buns at grocery stores (Table 1). The situation should improve this week as slaughter rates at pork/beef packing plants improved last week and are back to ~75% of pre-COVID levels.
For those planning on hosting or attending a cookout this Memorial Day around 15-20% expressed interest in having new products at their barbeque. Consumers plan on having “hard seltzers”, condiments like “MayoChup” and “plant-based burgers.” As consumers spend more time eating at home they will be more willing to experiment with new items.
#5) Grilling trends
Home improvement retailers have benefited in recent months from homeowners being stuck at home and taking on DIY home improvement projects, including cooking rather than going out for meals. Some of this benefit has included increased demand for grills for preparing personal/family meals, as 20% of survey respondents have bought a grill in the last two months. Given that the average useful life of a grill is about 5-15 years, this rate does appear to exceed normal replacement demand. However, about an equal number of respondents expect to grill less this summer as those that plan to grill more, so the impact of smaller & fewer gatherings may offset the rise of personal grilling.
Well my Memorial Day dinner did not fit that pattern, We had grilled fillet mignon steaks with spring greens w/dressing, green beans almondine and red wine. Dessert was yogurt with frozen raspberries, whipped cream and dark chocolate slivers.
We also haven’t bought a new grill, the old one works well.