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Americans spent less on food in 2020, report says - Vimarsana News

Americans spent less on food in 2020, report says

Americans spent less on food in 2020, report says Primarily because of reduced sales of food away from home, Americanss total spending on food fell in 2020 — something that rarely happens. 5:30 am, Jun. 1, 2021 × A clerk works behind a plastic divider as she waits on a customer at Tellmann’s Market in New Salem, N.D., which has seen a boost in business since the coronavirus pandemic led local people to travel less for groceries. Submitted photo. Unusual circumstances are needed for Americans to spend less on food in a given year. The COVID-19 pandemic certainly qual...

Source: agweek.com
Food spending holds steady by a key measure, USDA says - Vimarsana News

Food spending holds steady by a key measure, USDA says

Though some food prices are rising, Americans' spending on food, as measured by share of disposable personal income, is holding steady at roughly 10%, according to a report from the Economic Research Service, an arm of the U.S. Department of Agriculture.

Source: agweek.com