Sep. 17 at 6:58 PM
$GIS said during their 1Q26 earnings release that a rise in cooking at home among value-conscious consumers struggling w/ inflation has helped boost some of its staples, including rice & beans. Still, shoppers who are anxious about the economy have been cautious w/their spending & turned to private-label options & smaller package sizes.
--- The most significant recession-driven shift is where Americans buy their food. When wallets tighten (inflation &/or lack of wage growth), people spend less at restaurants, fast-food chains, food trucks, & other service providers — and more at grocery stores.
A major consequence of eating fewer meals out is a shift in nutrition. Restaurant & takeout food is often less nutritious than meals prepared at home. USDA data shows people consumed less saturated fat & cholesterol, while fiber intake increased when eating at home.
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