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This froma USDA pamphlet that I found on the web. It gives some perspective, but doesn't make the current situation easier. Note that the initial year is 1929, beginning of the Great Depression. Andthe end date is 1997. I don't know what the percent is today.
Food spending has increased considerably over the years, but the increase has not matched the gain in disposable income (the amount of money families and individuals have available to spend or save). As a result, the percentage of income spent for food has declined. In 1929, the first year data of this type were recorded, 23.9 percent of disposable income was spent for food. This percentage has since tapered off fractionally almost every year. By 1970, the percentage had dropped to 13.8 percent. During the 1970s, the percentage held fairly constant because of high food-price inflation. By 1980, food spending was still 13.4 percent of disposable income, but has since declined steadily to reach a low of 10.7 percent in 1997 .
by SF Mom of One on Wed Apr 23, 2008 at 01:45:35 PM PDT
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