By nature, people are guided by self-interests. Although all income groups have a stake in economic matters, the highest income groups are likely to have a much greater say in affecting the macro economy. Identifying the interests of higher income groups with regard to the economy is, therefore,...

Average annual food expenditures in urban households rose 59 percent from $985 per person in 1980 to $1,567 in 1992 While per person income rose 94 percent from $6,916 to $13,398. As a result, the percent of household income spent on food declined from 14.2 to 11.7 percent Annual spending per...

American consumers are inching ever closer to a dining watershed. The continued growing popularity of eating away from home has brought Americans to the verge of spending as much on food away from home as they do on food prepared at home. In 1970, Americans spent 34 percent of their food dollars...

Annual per person consumption of dairy products, fats and oils, flours and cereals, bakery products, meats, eggs, sugars and sweets, and fresh vegetables fell during the 1980's. Consumption of poultry, fish and shellfish, juices, and beverages rose. Annual per person spending when adjusted for...

Annual per-person consumption of dairy products, poultry, fish and shellfish, fresh fruits and vegetables, frozen vegetables, fruit and vegetable juices, and beverages rose in low-income households during the 1980's. Consumption of fats and oils, flours and cereals, bakery products, red meats,...