Consumers and Food Price Inflation

Description:

This report is divided into five sections that cover the following: major economic concepts underlying consumer food behavior; descriptions how U.S. food price inflation rates have evolved since 1915, when federal price data collection for inflation-measuring purposes began; information on recent history and projections for U.S. food expenditure shares relative to total household budget; an examination of retail food price inflation; and a discussion on the impact that rapid food price inflation can have on government food programs and the more vulnerable consumer groups.

Creator(s):
Location(s): United States
Creation Date: April 14, 2011
Partner(s):
UNT Libraries Government Documents Department
Collection(s):
Congressional Research Service Reports
Usage:
Total Uses: 35
Past 30 days: 6
Yesterday: 0
Creator (Author):
Schnepf, Randy

Specialist in Agricultural Policy

Creator (Author):
Richardson, Joe

Specialist in Social Policy

Publisher Info:
Place of Publication: Washington D.C.
Date(s):
  • Creation: April 14, 2011
Coverage:
Place
United States
Description:

This report is divided into five sections that cover the following: major economic concepts underlying consumer food behavior; descriptions how U.S. food price inflation rates have evolved since 1915, when federal price data collection for inflation-measuring purposes began; information on recent history and projections for U.S. food expenditure shares relative to total household budget; an examination of retail food price inflation; and a discussion on the impact that rapid food price inflation can have on government food programs and the more vulnerable consumer groups.

Physical Description:

33 pages.

Language(s):
Subject(s):
Partner:
UNT Libraries Government Documents Department
Collection:
Congressional Research Service Reports
Identifier:
Resource Type: Report
Format: Text