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Adjusted for inflation, U.S. annual food spending increased 70 percent from 1997 to 2022 to the highest level recorded. The 25-year climb was steady other than slight decreases during the Great Recession in 2008 and 2009 and a 6.4 percent drop in 2020 during the COVID-19 pandemic.
The Global Agricultural Productivity Report says the world’s ag productivity is consistently falling short of the target growth rate, and Americans spent a record amount on food last year, even with inflation considered.
The Global Agricultural Productivity Report says the world’s agricultural productivity is consistently falling short of the target growth rate.
Milwaukee, WI (PRWEB) August 12, 2022 -- There have been many state and federal efforts in the past decade to increase fruit and vegetable purchases through
Primarily because of reduced sales of food away from home, Americanss total spending on food fell in 2020 — something that rarely happens.