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Food Spending of Middle-Income Households Hardest Hit by the Great Recession

Clare Cho, Jessica E. Todd, Michelle Saksena, Clare Cho, Jessica E. Todd, Michelle Saksena
2018 unpublished

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As household incomes fell during the Great Recession, inflation-adjusted food spending by U.S. households declined by 7 percent between 2007 and 2010 and did not return to pre-recession levels until 2015. Eating out took a bigger hit than grocery store spending, and food spending among middle-income households dropped more than that of the lowest and highest income groups.
doi:10.22004/ag.econ.302657 fatcat:blwfjcdp7jcznla4bcvy7qst5a
Citation

Clare Cho, Jessica E. Todd, Michelle Saksena, Clare Cho, Jessica E. Todd, Michelle Saksena. "Food Spending of Middle-Income Households Hardest Hit by the Great Recession." (2018)