Statistical relationships called expenditure elasticities are detailed for 24 major food groups and 77 subgroups. They allow researchers and policymakers to anticipate what can happen to family expenditures for these foods when income and household size change. The elasticities generally confirm...

Higher income households likely spend less per person on whole and canned milk than do lower income households, but more on most other dairy products, according to this technical analysis of the effect of household socioeconomic features on dairy purchases. For example, a 10-percent increase in...

Higher income households spend more per person on most food groups, especially beef, fish, cheese, vegetables, butter, and alcoholic beverages, than do lower income households. Elderly Americans spend less than younger people on food away from home and alcoholic beverages. Households in the...

The statistical properties of daily closing futures prices for nine commodities are studied. Two hypotheses are examined: Price changes are normally distributed, and prices follow a random walk process. Normality is tested by estimating kurtosis, the R/S statistic, and characteristic exponents....

This report, reexamining past estimates of tile effect of income and food stamp benefits on food expenditures, finds that a cash-only Food Stamp Program would result in a significant reduction in food expenditures, although smaller than suggested, by some previous results. Most prior studies...