Latest headlines

USDA releases annual Expenditures on Children and Families report

August 18, 2014
KEYWORDS economy / food prices / USDA
/ Print / Reprints /
ShareMore
/ Text Size+

USDA releases annual Expenditures on Children and Families reportToday, USDA released the annual Expenditures on Children and Families report, also known as the Cost of Raising a Child, which projects a middle-income family will spend $245,340 to raise a child born in 2013.

Costs include items such as food, housing, childcare and education and other child-rearing expenses up to age 18. Costs associated with pregnancy or expenses occurred after age 18, such as higher education, are not included, according to USDA.

“In today's economy, it's important to be prepared with as much information as possible when planning for the future,” said Kevin Concannon, USDA food, nutrition and consumer services under secretary. “In addition to giving families with children an indication of expenses they might want to be prepared for, the report is a critical resource for state governments.”

The report, developed by the USDA Center for Nutrition Policy and Promotion (CNPP), showed that food was the third-highest cost behind housing and education.

 “Food is among the top three expenses in raising children,” said Angela Tagtow, CNPP executive director. “Parents have the challenge of providing food that is not only healthful and delicious, but also affordable.”

Tagtow said resources such as ChooseMyPlate.gov can help families serve nutritious and affordable meals.

When the first report was issued in 1960, a middle-income family could expect to spend $25,230 to raise a child, or $198,560 in 2013 dollars.

The full report, Expenditures on Children by Families, 2013, is available on the web at www.cnpp.usda.gov.

Additional materials on the report can be found here.

Did you enjoy this article? Click here to subscribe to Food Engineering Magazine.

Recent Articles by Jeremy Gerrard

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

Plant of the Year 2014

Blue Diamond Growers was chosen as Food Engineering's 2014 Plant of the Year. The Sacramento-based company is the world’s largest producer of almonds and almond ingredients.

Podcasts

Burns & McDonnell project manager RJ Hope and senior project engineer Justin Hamilton discuss the distinctions between Food Safety and Food Defense as well as the implications for food manufacturers of the Food Safety Modernization Act.
More Podcasts

FSMA Audit

What is the is most important step you have taken to become ready for a FSMA audit?
View Results Poll Archive

Food Engineering

FE September 2014

2014 September

The September 2014 issue of Food Engineering explores how lean manufacturing, quality improvements and increased automation helps processors meet rapidly changing demands. Also, read how robotics, advanced machine controls, software and OEE are just a few of the tools that can boost productivity on packaging lines.

Table Of Contents Subscribe

THE FOOD ENGINEERING STORE

Food-Authentication-Flyer-(.gif
Food Authentication Using Bioorganic Molecules

This text provides critical tools and data needed to augment routine food analysis and enhance food safety by aiding in the detection of counterfeit, and potentially deleterious, foods.

More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

Food Master

Food Master Cover 2014Food Master 2014 is now available!

Where the buying process begins in the food and beverage manufacturing market. 

Visit www.foodmaster.com to learn more.

STAY CONNECTED

FE recent tweets

facebook_40.pngtwitter_40px.pngyoutube_40px.png linkedin_40px.pngGoogle +