The No. 1 claim I didn't know about ice cream
It's national economic crisis-based, according to Dreyer's (PDF).
At the time of Rocky Road's birth in 1929, almost all ice cream was made in three flavors – vanilla, chocolate, and strawberry – and was always served as sundaes. Dreyer added walnuts (later replaced with almonds) to his chocolate ice cream and, using his wife's sewing shears, cut marshmallows into bite-sized pieces to make the first batch of Rocky Road. Dreyer and Edy picked a flavor name to give folks something to smile about in the face of the Great Depression. Rocky Road became America's first blockbuster flavor and remains one of the best-selling flavors of all time.
I wish there were a few more sources for the naming. As Wikipedia points out, there's at least one alternate story about the ingredients. But Google turns up nothing more … except a book called The Strategic Use of Stories in Organizational Communication and Learning interviews a Dreyer's ethic chief and the author notes on the Rocky Road story, "It's not a long drawn out narrative, yet the imagery is rich and generates associations." Various results in Google News put the invention a few weeks after the stock market crash in '29, but none are sourced.
Building off this story/legend/whatever, Edy's-Dreyer's is now running a contest where you help introduce a national economic crisis-based flavor and get $100,000 to turn around your Rocky Road of a life.




