Last year, more and more people opened their wallets only to find cobwebs where money used to be, as a result consumer spending on food dropped in 2008, hurting restaurants, brand names and grocery stores. Food spending fell an inflation-adjusted 3.7%, the steepest decline in the 62 years the government has recorded the figure. People’s preferences changed too, for the better and the not-so-better, buying of fresh vegetables jumped 2.3% and beef and sweets decreased 3.4% and 5.1% respectively, but eggs increased 3% and milk 1%; The Wall Street Journal reports.
But the recession-diet news is conflicted. Previous reports claim pasta consumption is up in the United States, because it’s a cheap food that can feed a whole family, despite being incredibly nutrient poor. And others suggest more Americans are turning to processed cereals and ditching veggies to save money.
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