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A new study suggests that old Americans spend more money on food eaten at home than more youthful consumers. The report says that people between the ages of 65 and 74 spend 8.9 percent of their money on food at home, while people 75 years of age and older spend 9.2 percent. The US population as a whole spends about 7.6 percent of their money on food at home.

The report, published by Packaged Facts, is entitled The U.S. Market for 55+ Consumers.
KC's View:
Of course they spend more money on food at home. How many times can you eat dinner at Denny’s at 4:30 p.m.?