March 16, 2004
Food expenditures increased 1.0 percent in 2001, with spending on food away from home up 1.8 percent and spending on food at home rising just 0.4 percent.
The increase in spending on food away from home in 2002 was less than the 4.6-percent rise a year earlier. The rise in spending on food at home was also smaller than the previous year’s increase.
The relatively small rise in food-at-home spending was the result of increases in spending for fruits and vegetables (5.7 percent) and other food at home (1.9 percent) being offset somewhat by decreases in spending for meats, poultry, fish, and eggs (–3.6 percent), dairy products (–1.2 percent), and cereals and bakery products (–0.4 percent).
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Spending on food in 2002 on the Internet at http://www.bls.gov/opub/ted/2004/mar/wk3/art02.htm (visited December 02, 2015).
Fifty years of looking at changes in peoples lives
Longitudinal surveys help us understand long-term changes, such as how events that happened when a person was in high school affect labor market success as an adult.