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Even with rising prices, food-away-from-home spending continues to grow

by Eliana Zeballos and Wilson Sinclair
9/25/2023

Food Prices, Expenditures, and Establishments

Line chart showing percent change, compared with 2019, in inflation-adjusted food-away-from-home spending and food-away-from-home prices from January 2020 to April 2023.

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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.

Even with rising prices, food-away-from-home spending continues to grow

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