Average Annual Food
Costs Down Yet Again
DECATUR, Ill. (AP) The next time you
think your bill at the grocery store is high, think
again.
As of early last week, the average American already
had earned enough money to pay for food for the entire
year, according to the Illinois Farm Bureau.
``Most Americans don't have any other experience of
the cost of food elsewhere,'' said Randy D. Prince,
executive vice president of the Macon County Farm Bureau.
``Food is cheap here compared to other countries.''
Americans spend an average of 11 percent of their
disposable personal income on food, according to the
latest statistics compiled by the U.S. Department of
Agriculture's Economic Research Service.
Disposable income is defined as the portion of money
available for spending or saving, and 11 percent of the
year had passed as of Tuesday.
``Rather than being an economic burden, shopping for
food is seen as enjoyable. That's the way it should be,''
said David Patton, special activities manager for the
Illinois Farm Bureau.
The farm bureau designated last Tuesday ``Food
Check-Out Day.''
The percentage of disposable personal income spent for
food has been steadily declining over the past 25 years,
Patton said. That's despite a trend toward Americans
buying more expensive convenience foods for preparation
at home and eating out more often, he said.
The Agriculture Departments' figures include food and
nonalcoholic beverages consumed at home and away from
home.
(By way of perspective, "tax freedom
day," when the average American has worked long
enough to pay his taxes, will be sometime in May this
year. There is something peculiar and more than a little
unsettling about a country whose citizens must pay four
to five times as much for government as they do for the
most important necessity of life. Ed.)
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