Key insights include:
- Household food at home (FAH) spending is up 4.6% from July 2022, reaching its highest level yet.
- Consumers’ predictions for food inflation over the next 12 months have dropped to 3.7%, the lowest recorded by this survey.
- Food insecurity is a percentage-point lower than last month but higher than the 2022 average for the third straight month.
- Consumers most satisfied with their food consumption (i.e., thriving) also spend the lowest share of their incomes on food.
- Consumers most unsatisfied with their diets also have the fewest resources to pursue more sustainable food purchasing.
- Consumers greatly favor beef from cattle over cell-cultured/lab-grown meat, though these alternatives rate best on animal welfare.
Survey Questionnaire: July 2023
Formulas and Calculations
Past Consumer Food Insights
WHAT WOULD YOU LIKE TO KNOW ABOUT CONSUMERS?
If you are interested in additional analysis or adding questions to the survey, consider joining our Consumer Insights consortium. Contact rdevans@purdue.edu to learn more.
Published:
August 8, 2023
August 8, 2023