Inflation-adjusted grocery store sales down in 2022, USDA says

Inflation-adjusted grocery sales were down in 2022, the USDA says
Inflation-adjusted grocery sales were down in 2022, the USDA says
(File image)

Adjusted for inflation, grocery store food and alcohol sales declined 2.3% in 2022 compared with 2021, according to a new Food Expenditure report from the USDA.

In contrast, the USDA reported that 2022 food and alcohol away-from-home sales (restaurant and other foodservice sales) were up 8% compared with 2021.

Grocery down

The report estimated that constant dollar (1988=100) grocery store sales of food and alcohol totaled $229.4 billion in 2022, down 2.3% from $234.8 billion in 2021 and down 2% from $233.9 billion in 2020.

2023 total food and alcohol expenditures for home consumption (grocery stores, other retail outlets, home delivery and direct selling by farmers) totaled $423.4 billion in constant dollars, down 1.6% from $429.9 billion in 2021 but up 2.4% from $413.4 billion in 2020.

By category, here are 2022 numbers for alcohol and food-at-home sales in constant dollars, with the percent change compared with 2021:

  • Grocery store sales: $229.4 billion, down 2.3%.
  • Convenience store sales: $6.7 billion, no change.
  • Other food stores: $8.4 billion, down 8.7%.
  • Warehouse clubs and superstores: $94.7 billion, down 3.6%.
  • Other stores and food service: $42.5 billion, up 7%.
  • Mail order and home delivery: $37.2 billion, up 1.6%.
  • Direct selling by farmers, manufacturers and wholesalers: $3.4 billion, down 5.6%.
  • Home production and donations: $1.1 billion, down 8.4%.
  • Total food at home: $423.4 billion, down 1.6%.

Foodservice up

In contrast, the USDA said 2022 constant dollar (1988=100) sales for food and alcohol in foodservice and other away-from-home venues totaled $494.5 billion, up 8% from $457.9 billion in 2021.

By category, here are 2022 sales of food and alcohol away from home in constant dollars, with the percent change from 2021:

  • Full-service restaurants: $170.4 billion, up 9%.
  • Limited-service restaurants: $172.5 billion up 4.5%.
  • Drinking places: $2.8 billion, up 12%.
  • Hotels and motels: $21.6 billion, up 65%.
  • Retail stores and vending: $56.7 billion, unchanged.
  • Recreational places: $15.7 billion, up 43%.
  • Schools and colleges: $26 billion, up 2.9%.
  • Other food away from home sales: $8.7 billion, up 16%.
  • Food furnished and donated: $20.1 billion, down 11.2%.
  • Total food away from home: $494.5 billion, up 8%.

 

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