Since the beginning of the Great Recession, average household inflation-adjusted out-of-home entertainment spending has decreased. Comparing household spending in 2007 with spending in 2010, community-based entertainment spending saw a decrease of 8% and entertainment spending on trips saw a 14% decrease. The decreases occurred across all household incomes.
The recessionary decreases are only part of a longer-term trend of decreasing household out-of-home entertainment spending that started in 2001 for entertainment on trips and 2003 for community-based entertainment. The steepest spending decline has been for entertainment spending on trips, which is down 30% in 2010 compared to 2000 whereas average household community-based entertainment spending is only down 4%.
The chart below shows the decreases based on an index of 100 equaling average household community-based entertainment spending in 2000. In 2010, community-based entertainment decreased to an index of 94 (-4%). Entertainment spending on trips decreased from an index of 78 (78% of what community-based spending was in that same year) to a 2010 index of 55 (-30%). Total average household spending on all out-of-home entertainment decreased over the 10 years by 15%.
Over the decade average household community-based entertainment spending is basically staying even with minor variations whereas there has been significant cutbacks with entertainment spending on trips.