Consumers Spending Less But Still Want Premium Steaks

  Personal income declines cut protein consumption overall while demand for some branded beef products increases.

Kansas State University (KSU) has released two studies that show consumer incomes are sensitive to price increases of beef; however, top-quality branded products are more immune.

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."

To read more about consumer spending trends, click here.


More articles you may enjoy:

60+ Stunning Photos That Showcase Ranch Work Ethics

Industry Keeps Its Cool Amid Zilmax Ban, Angus Defects

How To Receive Full Value For Your Calves

Would You Eat A Test-Tube Burger?

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.