Wednesday, January 14, 2015

Food-Away-from-Home Hits All-Time High

American consumers, businesses, and governments spent $1.4 trillion on food and beverages in 2013. Almost half that spending was devoted to food-away-from-home (restaurants, carryouts, etc.). The 49.6 percent of spending devoted to food-away-from-home in 2013 was an all-time high after a several years of decline following the Great Recession.

Share of U.S. food spending devoted to food-away-from-home
2013: 49.6%
2010: 48.6%
2000: 47.0%
1990: 43.0%
1980: 39.0%
1970: 33.4%
1960: 26.3%

"Two-earner households and busier lifestyles have led consumers to spend less time cooking and seek the convenience of food prepared away from home," explains the USDA's Economic Research Service (U.S. Food Sales Evenly Split between At-Home and Away-from-Home Markets).

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