Axios
Call it the McRecession. The big picture: Low- and middle-income consumers are increasingly shying away from fast-food restaurants like McDonald’s, a sign that people are pinching pennies amid recession fears.The number of low-income consumers visiting U.S. fast-food restaurants was down “nearly double digits” in the year’s first three months compared to 2024…
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McRecession 2025: Consumers are cutting back at McDonald’s, Starbucks
Call it the McRecession. The big picture: Low- and middle-income consumers are increasingly shying away from fast-food restaurants like McDonald’s, a sign that people are pinching pennies amid recession fears.The number of low-income consumers visiting U.S. fast-food restaurants was down “nearly double digits” in the year’s first three months compared to 2024…