Date: August, 2008
Abstract: The United States (U.S.) economy has experienced a dramatic decline since the fourth quarter of 2007, which has eroded consumer purchasing power even as prices for basic necessities, such as food and fuel, have been rapidly increasing. The impact of the declining economy has been felt to varying degrees depending on geographic region and income levels, and has had a number of effects on food retailers. Food retailers have benefited from consumers spending more of their food budget at home, but h...
Research Type: Ag Focus