Patriot_sPizza
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Food-Away-From-Home Spending Up 2.2%
Posted: 10 Sep 2013 07:56 AM PDT
The average American household spent $51,442 in 2012, a 3.5% increase from 2011 according to just-released data from the U.S. Bureau of Labor Statistics (BLS). Both food-at-home and food-away-from-home spending increased by 2.2% over the previous year.
Aggregate spending on food accounted for 12.8% of household expenditures in 2012, compared with 13% in 2011.
The average household spent $2,678 on food away from home, accounting for 5.21% of total expenditures. That’s essentially unchanged from 2011, when food-away-from-home was 5.27% of spending.
Spending for food at home was $3,921 in 2012, compared with $3,838 the previous year. Americans devoted 7.6% of spending to food at home, or 46% more on food prepared at home. Still, food purchased away from home, though a smaller percentage of food spending, seems to receive closer scrutiny.
BLS data shows that Hispanic/Latino households devoted 15.5% of household expenditures to food (both away and at-home) last year. That’s higher than the 12.6% average share for white households and 12.1% for African-American households.
Expenditures for transportation (+8.5%), healthcare (+7.3%) and personal insurance and pensions (+3.1%) increased more than those for food last year.
Posted: 10 Sep 2013 07:56 AM PDT
The average American household spent $51,442 in 2012, a 3.5% increase from 2011 according to just-released data from the U.S. Bureau of Labor Statistics (BLS). Both food-at-home and food-away-from-home spending increased by 2.2% over the previous year.
Aggregate spending on food accounted for 12.8% of household expenditures in 2012, compared with 13% in 2011.
The average household spent $2,678 on food away from home, accounting for 5.21% of total expenditures. That’s essentially unchanged from 2011, when food-away-from-home was 5.27% of spending.
Spending for food at home was $3,921 in 2012, compared with $3,838 the previous year. Americans devoted 7.6% of spending to food at home, or 46% more on food prepared at home. Still, food purchased away from home, though a smaller percentage of food spending, seems to receive closer scrutiny.
BLS data shows that Hispanic/Latino households devoted 15.5% of household expenditures to food (both away and at-home) last year. That’s higher than the 12.6% average share for white households and 12.1% for African-American households.
Expenditures for transportation (+8.5%), healthcare (+7.3%) and personal insurance and pensions (+3.1%) increased more than those for food last year.
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