Despite inflation, taste matters more than price to food shoppers, says report
Americans say they are spending an additional $15 a week on food but that inflation is less important to them at the grocery store than buying good-tasting food, according to a survey by Purdue University. “At present, consumer food demand is price insensitive,” said the Consumer Food Insights report.
Americans’ spending on food plunged during pandemic
The pandemic and its accompanying economic slowdown prompted a dramatic 7.8 percent cutback in consumer spending on food in 2020, said two USDA economists. The reduction was more than double the impact of the Great Recession on food sales, partly because the pandemic temporarily shut down most of the food service sector.
A trip to the grocery is risky business for most Americans
Seven of 10 Americans say that going grocery shopping is a moderate or large risk to their health, according to poll results released by Axios on Tuesday. “The large majority that considers grocery shopping to be risky helps explain shifts toward more online and delivery services,” said Axios …