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They really should have a breakdown between restaurant and grocery spending. EDIT: They do have it in one of the article links. https://www.ers.usda.gov/data-
by MattGaiser 3y ago
They really should have a breakdown between restaurant and grocery spending.
EDIT: They do have it in one of the article links.
https://www.ers.usda.gov/data-products/ag-and-food-statistics-charting-the-essentials/food-prices-and-spending/?topicId=2b168260-a717-4708-a264-cb354e815c67 https://www.ers.usda.gov/data-products/ag-and-food-statistic...
The increase is mostly in food away from home.
- jeffbee 3y agoLike this one? https://www.ers.usda.gov/data-products/chart-gallery/gallery/chart-detail/?chartId=76967 https://www.ers.usda.gov/data-products/chart-gallery/gallery... I don't know why this topic has so much suction on HN. Anything that has a whiff of "shadow stats" inflation trutherism goes right to the top.
- MattGaiser 3y agoIf regular at-home food actually was starting to eat up a lot more income, that would be an interesting discussion and a significant change for our society (as that has been trending down for a while). So I get why that would be interesting. But the article doesn't differentiate between those, only the linked source.
- soupfordummies 3y agoBecause those charts don’t line up with the average person’s lived experience. Even well paid tech pros on this forum are noticing it. I cooked some steaks for Valentine’s Day. Cheapest ones I could find were $15/ea. 2 years ago I cooked steaks for Valentines Day and they were like 8 bucks. Maybe overall in aggregate there’s one metric but when you notice a lot of stuff at the grocery store has DOUBLED in price in just a few years, it’s concerning. also that chart stops in 2022 and there is still a noticiable uptick despite the very long scale.
- jeffbee 3y agoThe claim that retail steak prices have doubled in 2 years is exactly the kind of inexplicable silliness to which I referred. https://fred.stlouisfed.org/series/APU0000703613#0 https://fred.stlouisfed.org/series/APU0000703613#0
- deleted 3y ago[deleted]
- kdot 3y agoIt's somewhat understandable considering the rising minimum wages for restaurant staff and the additional fees restaurants impose for employee benefits, which have been implemented in several major cities.
- soupfordummies 3y agoYeah the data and the average persons lived experience seems to vary wildly though. I found a handful of receipts recently from 2020 or so and some of the items are really surprising. A bag of Doritos is 7 bucks now. Nearly doubled. A random grocery stop after work for dinner ingredients like produce, shelf staples etc, yeah that was about 30-40 now I expect to spend 60 or more. Then, like, spray paint for instance is a wild one. It went from about $4 to about $8 now. Worth noting… somehow La Croix hasn’t really gone up at all. Which is great because I drink it like it’s water.