Approximately what percentage of American consumers' total spending is on food?

Name: Approximately what percentage of American consumers' total spending is on food?
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On average, American consumers spend about 10 percent of their total budget on food. This includes both groceries and dining out. The exact percentage can vary based on income levels, but it remains a relatively small portion of overall spending compared to other categories like housing and transportation.

Approximately What Percentage of American Consumers' Total Spending Is on Food