Coalition of Franchisee Associations

February 22, 2024

Americans Spending Record Amounts on Food

Americans spending 11.3% of income on food - most in 30 years


Anonymous said...

Prices started to dramatically spike upwards when our current president came to town. Its all in the chart. Remember that when you vote.

Anonymous said...

Which president are speaking about POTUS or MCD US President? Neither has helped restaurant pricing for McDonald's consumers.

Anonymous said...

That is a disturbing chart. Restaurants have been helped by having price inflation proceed at a slower pace than grocery prices. This is no longer the case.

It will impact traffic, and grocery is always getting into the prepared meals game at higher levels every year.