NFS 053 1st Edition Lecture 24Outline of Last Lecture I. A “knack” for cooking: what are the required tools?a. What do we know about food and culture?b. Cooking today in the united statesc. Looking closely at cookingd. Cooking, tools, and skillse. Learning to cookOutline of Current Lecture I. Cooking is what other people do- making sense of cooking in the modern U.Sa. Graphsb. Shifts in expenses in the USc. USDA Reportd. From domestic servants to commercial cook: what does it mean?Current LectureI. Cooking is what other people do- making sense of cooking in the modern U.Sa. GraphsThese notes represent a detailed interpretation of the professor’s lecture. GradeBuddy is best used as a supplement to your own notes, not as a substitute.• Budget shares based on data from Table 7, Food Expenditures Data Set, ERS, USDA; at• http://www.ers.usda.gov/data-products/food-expenditures.aspx.b. Shifts in expenses in the USc. USDA Reporti. Is Food-Away-from-Home Consumption a Luxury Good? 1. Although increased Food-Away-from-Home expenditure is associated with higher income (both in absolute terms and 2. as a share of the household food budget), it is not always a luxury item. A partial key to understanding how increasing3. food-away-from-home consumption may impact consumer behavior is the extent to which such consumption is a 4. choice (for example, made in the evenings or on weekends during leisure hours) or more of an obligation (made 5. during work hours), as well as the extent to which a consumer has alternative dining choices when eating out (for 6. example, subsidized cafeteria meals are often available at schools or in large institutional work settings)d. From domestic servants to commercial cook: what does it mean?i. 2006: American households spend almost 50% of their food budget on meals and snacks prepared away from home (restaurants, hotels, schools,etc.)ii. 2012: U.S. residents spent on average about $2,273, or about 6.4 percent of their annual consumer expendituresaccording to the United States Department of Agriculture
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