Mature Market Experts Stat of The Day: Food

 

The mature market spends more money on bakery items than any other age group.

The mature market spends more money on bakery items than any other age group.

        Seniors 65+ spend more money than younger people on most food groups. These include cereal and bakery, dairy, fruit and vegetables, and miscellaneous prepared foods. Interestingly, they lag in spending on meats, poultry, fish and eggs.

Source: USDA, Economic Research Service analysis of Bureau of Labor Statistics’ 2004 Consumer Expenditure Survey.

 

 

 

 

 

 

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