Middle-Income Diners Reduce Restaurant Visits 1%

Restaurant visits fell 0.5% in March, reversing February’s 0.5% gain, per Jefferies report.
The $50k‑$100k income group cut visits by 1.0%, while lower and higher earners stayed roughly flat.
Delivery frequency rose 0.2% in March but lagged February and fell far short of 4.8% YoY growth.
Jefferies cites corporate layoffs, partial government shutdown, Middle East conflict, and rising gas prices as drivers, may linger.