Tag Archives: spending

Food Spending by Country

Food spending by country

The share of household spending devoted to food and drink varies widely by country, as shown in the chart above recently published by The Economist using data from the US Department of Agriculture. The chart shows that Americans spend less than 10% of their income on food and drink, whereas people in Cameroon spend close to 50%. What percentage of your income pays for food and drink?

U.S. Stimulus and GDP Growth for 2012

  1. Markets rally on strong expectations for euro, U.S. stimulus – John L. Caiazzo (Futures Magazine)
  2. U.S. treasuries continue to decline on growing stimulus speculation, U.S GDP growth slows to 1.5% in Q2 2012 – Global Macroeconomics Team (World Bank)
  3. US growth slows as consumers cut back on spending – Dominic Rushe (The Guardian)