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The trend towards spending more of the consumer dollar on food away from home continued in 1998.
[Chart data—TXT]
The percentage of consumers’ expenditures that went to food away from home rose from 5.5 percent in 1997 to 5.7 percent in 1998. In contrast the share of expenditures devoted to food at home fell from 8.3 percent in 1997 to 7.8 percent in 1998.
Expenditures on food away from home have been steadily climbing as a share of total expenditures in recent years while the share going to food at home has consistently dropped. In 1995, the food-away-from-home share was nearly half a percentage point lower than in 1998, and the food-at-home share was almost a percentage point higher than in 1998.
These data come from the Consumer Expenditure Survey. Find out more in "Consumer Expenditures in 1998," BLS Report 940.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Consumers spend more on food away from home at https://www.bls.gov/opub/ted/2000/apr/wk1/art05.htm (visited October 03, 2024).