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Credit Card and Debt Statistics Database
by Scott Bilker
Scott Bilker is the author of the best-selling books, Talk Your Way Out of Credit Card Debt, Credit Card and Debt Management, and How to be more Credit Card and Debt Smart. He's also the founder of DebtSmart.com. More about and DebtSmart can be found in the online media kit.

Consumers Cut Food Spending

In 2008's fourth quarter, consumer spending on food fell at an inflation-adjusted 3.7% from the third quarter, according to data from the Commerce Department's Bureau of Economic Analysis. That is the steepest decline in the 62 years the government has compiled the figure. The report is based on receipts from a sampling of food-oriented businesses across the country.
        Categories:  Consumer Spending,Food,Grocery Spending
        Reporting Pub:  The Wall Street Journal
        Reporting Date:  2/13/2009
        Article Title:  Consumers Cut Food Spending Sharply
        Article Author:  Justin Lahart, Timothy W. Martin, and Janet Adamy
        Pub's Source:  Commerce Department's Bureau of Economic Analysis
        Source URL:  View details from source
 


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