The Decline of Lunch Dining in America.

Consumers are more likely to cut back on restaurant visits than trade down to cheaper options to fight inflation, according to a report from AlixPartners. The cost of eating out has been rising for more than a year, causing diners to visit restaurants less frequently. In a survey conducted by AlixPartners in December, 74% of respondents said they planned to reduce dining out. Young consumers, in particular, are cutting back their takeout and food-delivery orders but still plan to dine in person. Some restaurants have seen declining traffic, while others have insisted they haven't seen any significant changes.