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U.S. Consumers Spent More on Food in 2022 Than Ever Before (Inflation Adjusted)

ers.usda.gov

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Re: U.S. Consumers Spent More on Food in 2022 Than Ever Before (Inflation Adjusted)

#131

Post by musicale »

paxys wrote: post #38

> Real total food spending increased 11.4 percent in 2021 and 3.4 percent in 2022, driven by higher FAFH spending (up 19 percent in 2021 and 8 percent in 2022). Real FAH spending increased by 4 percent in 2021 but decreased by 2 percent in 2022. FAH = food at home FAFH = food away from home So, eating out is killing our wallets. Not really a surprise considering "dollar menu" items at McDonalds now cost $6 and a half…

It feels like grocery and fuel prices have gone way up, more than other goods; I imagine demand is fairly inelastic.

Re: U.S. Consumers Spent More on Food in 2022 Than Ever Before (Inflation Adjusted)

#132

Post by lotsofpulp »

paxys wrote: post #107
pkulak wrote: post #58

Earlier quoted context omitted.

Constant out-of-home dinning isn't sustainable anyway, unless you massively underpay the staff, which isn't possible when unemployment is low. Hope everyone knows how to cook, at least a little bit. I don't know that we're going back.

The restaurant model, sure, but I'd argue that in theory communal kitchens should be significantly more cost effective than everyone cooking for themselves in their own homes. Plenty of countries and cultures all around the world have made it work.

Liability costs make a big difference when comparing costs around the world.
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