Though consumers' incomes have been increasing, a smaller percentage of their incomes is being spent for food. Consumer spendable income rose more than 80 percent during 194 7-58; spending for food and related services rose roughly 50 percent while farm receipts for food rose only 10 percent. Why?
"What's Happening to Our Food Consumer?,"
Iowa Farm Science: Vol. 14
, Article 3.
Available at: http://lib.dr.iastate.edu/farmscience/vol14/iss3/3