It's Been 30 Years Since Food Ate Up This Much of Your Income
Ongoing high costs are leading food manufacturers and restaurants to keep prices elevated.
Source: livemint.com
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Americans spending 11.3% of income on food, most in 30 years
In 2022, consumers spent 11.3% of their disposable income on food, according to data from the Agriculture Department. That is the most since 1991.
Source: nypost.com
US International Trade Commission rejects duties on tin used for seafood canning
The U.S. International Trade Commission (ITC) rejected a request for increased duties on imported steel.
Source: seafoodsource.com
Biden calls on snack companies to stop 'shrinkflation' rip-offs
WASHINGTON -- President Joe Biden on Sunday called on snack companies to stop shrinkflation, which is when businesses cut product sizes but keep prices the same, describing the practice as
Source: unionleader.com
Consumer Brands Association Gets 5 New Members
Kraft Heinz, Kimberly-Clark, J&J Snack Foods, Lakeside Foods and Traditional Medicinals join trade org
Source: progressivegrocer.com