Americans spend 10.7% of disposable income on food

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“Between Jan. 1 and Feb. 7, the average American had earned enough income to pay for his or her family’s entire 2005 food supply. According to the USDA, American families and individuals currently spend, on average, just 10.7 percent of their disposable personal income on food. By comparison, last year it took the average American until late April to earn enough money to pay for their federal, state, and local taxes.” (Press release)

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