U.S. consumers’ food spending continued to increase in 2022, following the prepandemic trend

Bar chart showing inflation-adjusted spending on food at home and food away from home from 1997 to 2022.

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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