Independence Day Spending On Food Predicted To Hit A Record High
Let them grill! This Independence Day is expected to hit a record high when it comes to food spending.
The National Retail Federation is predicting that total spending on food items will reach a whopping $9.5 billion in 2023. This figure is up from $7.7 billion in 2022. Breaking it down by household, that figure comes out to $93.34, a jump from $84.12 in 2022.
So, how are consumers celebrating? 65% of those polled say they will be participating in cookouts, barbecues and picnics...
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