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Tuesday, August 2, 2011

Americans spend less on food

Today’s Lempert Report states that American spend less on food than most of the rest of the world, as a percentage of household income.  Click here to see the story.

Implications:    The piece left me thinking about the way this simple fact leaves more money to be spent on everything else. 

Mike Anderson, for the Elm Street Economics consumer trends blog. A service of The Center for Sales Strategy, Inc.

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