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Higher income households likely spend less per person on whole and canned milk than do lower income households, but more on most other dairy products, according to this technical analysis of the effect of household socioeconomic features on dairy purchases. For example, a 10-percent increase in...
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Higher income households spend more per person on most food groups, especially beef, fish, cheese, vegetables, butter, and alcoholic beverages, than do lower income households. Elderly Americans spend less than younger people on food away from home and alcoholic beverages. Households in the...
Persistent link: https://www.econbiz.de/10010882774
By 2020, the effects of demographic changes and income growth will increase per capita spending on food 7.1 percent. Income growth alone, which will effect spending increases of almost 10 percent on away-from-home foods and 3 percent on at-home foods, will raise per capita food spending about 6...
Persistent link: https://www.econbiz.de/10005320657