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USDA finds Americans spending more on food since 1991

2022 data recently reported by the USDA claims that more money is being spent on groceries and restaurants in the U.S. than in the past 30 years. The government agency’s report stated that in 2022, American consumers, businesses and government agencies paid over $2 trillion on “food and beverages in grocery stores and at other retailers as well as on away-from-home meals and snacks.” Although the total of food spending went down to about $1.8 trillion in 2020 — mostly due to the COVID-19 pandemic — at-home spending and away-from-house spending both increased significantly since 2021, more significantly in 2022. ....

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