Your Grandparents Spent More On Food Than You Do
Posted: 03-25-2015 02:33 AM
American spending on food — proportional to income — has declined dramatically since 1960, according to the U.S.D.A. What's more, when it comes to consumer purchases, Americans spend the least on food consumed at home compared with just about every other country in the world. FULL STORY
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Related:
As Commodity Prices Plunge, Groceries May Be Next
Oil prices aren't the only thing that's dropped. The prices of everything from corn to sugar have fallen, too. So some economists predict lower prices at the grocery store later this year.