Food Prices, Expenditures & Costs
ERS develops and monitors indicators of individual, household, and market-level food consumption, prices, expenditures, food marketing costs, and farm-to-retail price spreads. Food choices are influenced by prices and income as well as other factors.
ERS conducts research on:
- the Consumer Price Index (CPI) for food which is probably the most widely used indicator of changes in retail food prices,
- food expenditures which are calculated by estimating current sales or receipts by each type of store that sells food, allowing the analysis of changes in American food consumption patterns,
- the food dollar series which measures annual expenditures by U.S. consumers on domestically produced food. This data series is composed of three primary series--the marketing bill series, the industry group series, and the primary factor series--that shed light on different aspects of the food supply chain, and
- price spreads which compares the prices paid by consumers for food with the prices received by farmers for their corresponding commodities.