Consumers Spending Less But Still Want Premium SteaksConsumers Spending Less But Still Want Premium Steaks
Personal income declines cut protein consumption overall while demand for some branded beef products increases.
September 2, 2013
According to KSU economists, a chart of U.S. consumer disposable income and personal consumption expenditures since 1980 from the U.S. Department of Commerce shows long-term growth in the economy progressing in lockstep with "personal consumption expenditures."
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