Income spent on total food has remained steady | Western Livestock Journal
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Income spent on total food has remained steady

USDA Economic Research Service
Nov. 04, 2019 1 minute read
Income spent on total food has remained steady

Income spent on total food has remained steady

In 2018, Americans spent an average of 9.7 percent of their disposable personal incomes (DPI) on food. After falling from 16.8 percent in 1960 to 9.9 percent in 2000, the share of DPI spent on total food by the typical American has ranged from 9.6 to 9.9 percent.

The decline over the past six decades has come from Americans spending less of their incomes on food at home (food purchased from supermarkets, convenience stores, warehouse club stores, supercenters, and other retailers).

The share of DPI spent on food at home has fallen from 13.3 percent in 1960 to 5.7 percent in 2000 and 5.0 percent in 2018. In contrast, the share of DPI spent on food away from home (food purchased from restaurants, fast-food places, schools, and other away-from-home eating places) has risen—from 3.6 percent in 1960 to 4.2 percent in 2000, holding constant at 4.4 percent during the 2007-09 recession, and reaching 4.7 percent in 2018. — USDA Economic Research Service

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