How much disposable income are consumers spending to put food on the table?

It comes as no surprise grocery proces have taken steep climbs in recent years.

New data from USDA shows just how much disposable income consumers are spending to put food on the table.

They found that in 2023, U.S. consumers spent around 11 percent of their disposable income on food, and that is right in line with spending levels in 2022.

“Food at home” purchases fell a couple of points during 2023, with “food away from home” jumping nearly half a percent.

They place the rise on more disposable income, with consumers starting to return to outside the home eateries.

Related Stories
China says some summit agreements are still preliminary, so export sales reports will be the proof.
For farm country, that caution can mean higher costs, slower service, and less local investment.
The latest USDA price projections are raising new questions about crop payments and ARC calculations.
Rayburn Electric Cooperative’s Chris Anderson discusses rapid AI data center expansion, mounting pressure on the electric grid, and impacts on agriculture and rural communities.
Industry leaders say producers could still benefit even with many operations already using reduced-tax off-road diesel.
For producers, the next proof will be actual export sales, shipment pace, and buyer breakdowns.

LATEST STORIES BY THIS AUTHOR:

Like 2024, the 2025 MLF Team Series Presented by Bass Pro Shops is comprised of four Cup events, each featuring two-man teams of Bass Pro Tour anglers competing from the same boat and working together to claim part of a season purse of more than half a million dollars.
Paula pays tribute to Savannah’s rich Irish history by making a traditional Shepherd’s Pie with a twist! She mixes ground beef and lamb in this ultra decadent dish.