Food and Beverage Sales by the Retail Trade

Stephen J. Hiemstra

No 320804, Miscellaneous Publications from United States Department of Agriculture, Economic Research Service

Abstract: Sales of food (for off-premise consumption) by all types of retailers totaled approximately $52.5 billion in 1963 and meals (including snacks) accounted for another $13.8 billion. Food accounted for 21.5 percent of total sales by the retail trade and meals another 5.2 percent. These figures do not include $4.8 billion in sales of alcoholic drinks nor $6.1 billion for packaged liquor. Food and meal sales by retailers totaled $66.3 billion in 1963 compared with total personal consumption expenditures for food of $77.1 billion in the same year, as reported by the Department of Commerce. Sales by retailers include some sales omitted by the Commerce data, such as food comprising a business expense that is counted elsewhere in the national income accounts. But, personal consumption expenditures for food include many purchases not made from retailers.

Keywords: Food Consumption/Nutrition/Food Safety; Marketing (search for similar items in EconPapers)
Pages: 10
Date: 1965-11
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uersmp:320804

DOI: 10.22004/ag.econ.320804

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