A Supermarket Shopping Shift
A supermarket shopping shift. It may sound like a new game show, but it is instead the reality of the American consumer. We’re shopping differently.
First, as we covered yesterday, we’re spending more of our food dollars outside of the home than for groceries to be consumed within. As for those plastic, paper, or reusable bags that pass the threshold, their origin is also shifting.
Danny Munch, American Farm Bureau Federation Economist…
“Traditionally, grocery stores consistently captured the largest market share of what people were purchasing to eat at home. That percentage has gone down significantly. So, for instance, in 1999, grocery stores accounted for 72 percent of all at home expenditures. Last year that had dropped down over the course of 25 years to 50 percent of at home spending. Much of that decline was because of the growth of warehouse clubs and super centers and home delivery.”
The data Munch is discussing is coming from the USDA’s Economic Research Service’s Food Expenditure Series.
Spending also varies by location. We’ll chat regional trends on tomorrow’s Southeast Regional Ag News.