How Do Different Generations Spend Their Money on Food?

HOW DO DIFFERENT GENERATIONS SPEND THEIR MONEY ON FOOD? BASED ON THE U.S. BUREAU OF LABOR STATISTICS' 2019 CONSUMER EXPENDITURE SURVEY MAIN CATEGORY |Dairy Products and Eggs Other Foods Meat, Poultry, Cereals Fruits and Fish and Bakery Products and Vegetables $XXX (XXX%) AMOUNT SPENT PERCENTAGE OF TOTAL GROCERY BUDGET (11) ALL CONSUMERS (Birth Year (Birth Year of 1997 of 1981 Food Prepared On Out-of-town Trips GENERATION Z or Later) MILLENNIALS to 1996) Miscellaneous Foods Nonalcoholic Bakery Products Miscellaneous Foods Bakery Products Miscellaneous Foods Beef $62 Beverages (1.3%) $187 Sugar (7.4%) & Sweets $952 $400 $469 $885 $393 $325 $165 (18.6%) Bakery Products (8.6%) (20.5%) (21.5%) (9.6%) (7.9%) (3.6%) $183 (7.3%) Fats Nonalcoholic Beverages Nonalcoholic Beverages Cereal & Fresh Vegetables & Oils Cereal Products $455 Other Dairy $269 Fresh Fruits Fresh Beef $115 $184 $175 Vegetables Products (9.8%) (10.7%9 (2.5%) (4.0%) (7.0%) $279 $270 $269 $262 Fresh Fruits Processed Beef Poultry Other Dairy Products Poultry Processed Vegetables (6.8%) (6.6%) (6.5%) (6.4%) Vegetables $322 $169 $101 $147 (4.0%) $270 $189 (6.9%) (3.2%) (6.7%) $112 (5.8%) (4.1%) (4.5%) Fresh Milk & Cream Fresh Vegetables Fresh Fruits $80 Poultry Sugar & Sweets Other Processed Processed $153 $190 $137 (3.3%) Meats Fruits (3.2%) $295 Fruits (6.1%) Processed Fruits Fats & Oils (4.6%) $112 Pork Other Processed Vegetables $107 $104 (6.4%) $79 $63 (2.4%) (2.6%) (2.5%) $187 Meats Cereal & Cereal $128 (3.1%) Cereal & Pork (3.1%) (2.5%) Other Dairy Products Fresh Eggs Cereal Products Products (4.0%) Sugar & Sweets Fish & Fish & Seafood Fats & Oils Other Meats $174 (4.2%) Milk $129 Seafood $126 (3.1%) $92 $130 (5.2%) $122 $46 (1.8%) $315 & Cream $58 Fish and Seafood $52 (2.8%) (4.9%) Pork (2.2%) $140 1.2%) $67 $63 Eggs Fresh Milk Cream (1.3%) $146 (3.5%) (6.8%) $147 Eggs $54 (1.3%) (2.7%) (2.5%) $33 (1.3%) (3.0%) $16 $121 (2.9%) (3.2%) (0.6%) Food Prepared On Out-of-town Trips Food Prepared On Out-of-town Trips (Birth Year (Birth Year (Birth Year SILENT GENERATION of 1965 of 1946 of 1945 GENERATIONX to 1980) ВАBY BOOMERS to 1964) or Earlier) Miscellaneous Foods Miscellaneous Foods Bakery Products Bakery Products Miscellaneous Foods Bakery Products Other Foods $484 $428 $1,156 (8.8%) $981 (8.6%) $693 $350 $320 (20.6%) Fresh Fruits (20.2%) Fresh Fruits (19.3%) (9.7%) (8.9%) $388 $336 (6.9%) (6.9%) Nonalcoholic Beverages Nonalcoholic Beverages Other Dairy Products Other Dairy Products Other Dairy Products Pork Poultry $554 $380 $491 $332 Sugar & Sweets $272 (9.9%) (10.1%) (6.8%) (6.8%) $157 $146 $126 (7.6%) (4.4%) (4.1%) (3.5%) Fresh Beef Sugar & Sweets Processed Fresh Beef Sugar & Sweets Processed Vegetables Vegetables Vegetables Vegetables Fresh Fruits $198 $176 Cereal & Fish & Cereal Processed Fresh Seafood Vegetables Milk & $174 (3.1%) $302 $156 13.2%) $271 (3.6%) $350 $299 $290 (3.5%) (7.5%) Products Cream (6.2%) (5.3%) Fresh Milk Fish & Seafood (6.2%) (6.0%) Fish & Seafood Fresh Milk & Cream & Cream $120 $118 $113 $110 $172 $162 Fresh Vegetables (3.3%) (3.3%) (3.1%) (3.1%) $177 (3.2%) $143 (2.9%) (3.1%) (3.3%) Poultry Cereal & Cereal Pork Cereal & Products Processed $242 Other Meats Other Meats Processed Fruits $234 Cereal Products Fruits Other Meats Fats & Oils Eggs $178 13.7%) $133 $114 12.3%) (6.7%) $167 13.0%) (4.2%) $129 (2.3%) $241 $202 $104 (2.9%) $89 (2.7%) $46 (4.3%) Pork Poultry Eggs Beef (2.5%) Eggs $69 (1.3%) Fats & Oils (4.2%) Fats & Oils $229 $180 $70 $177 13.6%) $76 $60 Processed Fruit $144 12.6%) $123 (4.1%) (1.2%) (1.2%) (1.6%) (1.2%) (5.0%) $97 (2.7%) (2.5%) (1.0% Food Prepared On Out-of-town Trips Food Prepared On Out-of-town Trips Food Prepared On Out-of-town Trips Money Spent on Food at Home versus Food Away From Home ALL CONSUMERS SILENT GENERATION GENERATION MILLENNIALS GENERATION X ВАBY ВОOMERS Total Food Expenses $8,169 $5,288 $7,740 $10,073 $8,180 $5,625 FOOD 53.2% $4,114 63.8% $3,591 AТ НОМЕ 56.8% $4,643 47.6% $2,516 55.8% $5,616 59.4% $4,862 52.4% 43.2% 46.8% 44.2% FOOD AWAY 40.6% FROM HOME 36.2% YO9 $3,526 $2,772 $3,626 4,457 $3,318 $2,034 Which Generation Spends the Most and Least on These Food Expenses? 13%, GENERATION Z SPENDS 21.1% THE SILENT MILLENNIALS AT GENERATION SPENDS SPEND THE LEAST THE SILENT GENERATION MORE OF THEIR FOOD ON DAIRY SPENDS THE MOST OF THEIR GROCERY BUDGET ON MEAT, ON CEREAL AND BAKERY PRODUCTS. BUDGET ON FRESH AND EGGS (14.2%) FRUITS AND VEGETABLES MORE THAN ANY OTHER (14.2%' WHILE THE SILENT MILLENNIALS THAN ANY OTHER GENERATION. GENERATION. GENERATION SPEND THE LEAST, SPENDS THE MOST 12.1% THE SILENT GENERATION (12% AT13%, SPENDS AT LEAST GENERATION Z 19.1% SPENDS THE LEAST. HOW CANK SOURCES .RECIPES https://www.bls.gov/cex/tables.htm https://www.pewresearch.org/fact-tank/2020/04/28/millennials-overtake-baby-boomers-as-americas-largest-generation/ft_20-04-27_generationsize_2/ |. • • I