The behavior of the U.S. consumer changed significantly in the last half of 2008 as prices for food rose at the highest level in almost two decades. Americans spent an estimated $1.38 trillion on food last year according to the Bureau of Economic Analysis' most recent quarterly report - that's 2.47% less than food spending had been trending in the third quarter of 2008 and the largest quarterly adjustment since the government began tracking such data in 1947. (PRWeb Feb 15, 2009)
Read the full story at http://www.prweb.com/releases/2009/02/prweb2029934.htm
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[Source: PRWeb: Industry Food]
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