food budget

The first year of the COVID-19 pandemic saw the temporary closures of restaurants nationwide, prompting a decline in Food Away From Home Spending. Spending decreased at each of the nine types of food-away-from-home outlets measured in the USDA Economic Research Service’s Food Expenditure Series from 2019 to 2020. Alt ...

The share of U.S. consumers' disposable income spent on food decreased 10.1% during the pandemic last year. The share declined to 8.6%, the lowest share in the past 60 years, according to the Department of Agriculture’s Economic Research Service. The ...