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

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.

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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