Food Spending of Middle-Income Households Hardest Hit by the Great Recession
Jessica Todd () and
Amber Waves:The Economics of Food, Farming, Natural Resources, and Rural America, 2018, vol. September 2018, issue 08
As household incomes fell during the Great Recession, inflation-adjusted food spending by U.S. households declined by 7 percent between 2007 and 2010 and did not return to pre-recession levels until 2015. Eating out took a bigger hit than grocery store spending, and food spending among middle-income households dropped more than that of the lowest and highest income groups.
Keywords: Consumer/Household Economics; Food Consumption/Nutrition/Food Safety; Food Security and Poverty; Health Economics and Policy (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uersaw:302657
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