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Limited-service restaurants rebounded faster than full-service after spending declines in 2020

  • Food Prices, Expenditures, and Establishments
Line chart showing percent change, compared with 2019, in spending at full-service restaurants, limited-service restaurants, and other food away from home from 2020 to 2022.

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Adjusted for inflation, U.S. annual food spending increased 70 percent from 1997 to 2022 to the highest level recorded. The 25-year climb was steady other than slight decreases during the Great Recession in 2008 and 2009 and a 6.4 percent drop in 2020 during the COVID-19 pandemic.

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