Sunday, August 22, 2010

One more reason to hate immigrants and minorities

Breaking news from the Dept. of Cheese.The USDA reports Long-Term Growth in U.S. Cheese Consumption May Slow.
The current White majority (the major consumers of cheese) of the population is expected to shrink as other groups grow in size. So, while U.S. per capita cheese consumption has more than doubled since the mid-1970s, future growth may slow as the U.S. population changes.
Somehow, this unpleasant turn of events is related to the following:
Own-price elasticities for all cheese products were statistically significant and elastic. Expenditure elasticities for all cheese products were also statistically significant, but only expenditures for American, cottage, and other cheeses were found to be elastic.
And, of course, you must disaggregate the cheese consumption pattern.

If you want to read the whole report and learn how it is that young females and older males were among the biggest buyers of cheese, here's the full report. I'm sure that the parents of the study's authors were very proud to see their childrens' names in print.

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