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For the Second Time in 25 Years, Annual U.S. Food Spending Declined in 2020

Author

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  • Sinclair, Wilson
  • Zeballos, Eliana

Abstract

For the past 25 years, U.S. food expenditures generally followed several predictable trends. Most notably, annual total expenditures and the share of food-away-from-home (FAFH) showed steady increases, with the highest share of FAFH spending occurring during the summer months. The coronavirus COVID-19 pandemic limited mobility of U.S. consumers and led to an economic recession for most of 2020, disrupting historical trends in food spending.

Suggested Citation

  • Sinclair, Wilson & Zeballos, Eliana, 2021. "For the Second Time in 25 Years, Annual U.S. Food Spending Declined in 2020," Amber Waves:The Economics of Food, Farming, Natural Resources, and Rural America, United States Department of Agriculture, Economic Research Service, vol. 2021(05), May.
    • Handle: RePEc:ags:uersaw:310906
    DOI: 10.22004/ag.econ.310906
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