U.S. consumers spent 11.2 percent of disposable personal income on food in 2023
The USDA, Economic Research Service’s Food Expenditure Series tracks spending on food at home and food away from home. In 2023, the series shows, per capita food spending by U.S. consumers, businesses, and Government entities reached a high of $7,672, fueled primarily by a 12-percent increase in spending on food away from home.
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