Foodservice Spending is Setting Records, USDA Reports
Fueled by a strong economic recovery from the COVID-19 pandemic, U.S. consumers are spending record sums on food eaten away from home, the USDA reports. Following a sharp decline during March-April 2020, food-away-from-home spending returned to pre-pandemic levels by March 2021. Food-away-from-home spending outpaced food-at-home spending in each month since January 2021, returning to the pattern seen during each month of 2019. Read more here.