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March 16th, 2009

Video - Recession resistant foods shine

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Posted by: Nicole Volpe
Tags: Food, ,

Hormel, like the rest of the packaged foods industry, is seeing a boon as cash-strapped consumers try to save money by eating at home.

As the economic downturn hits consumer pocketbooks around the globe, the packaged foods industry is seeing a surge in demand as consumers try to save money by skipping restaurants and eating at home. Ruben Ramirez reports from Austin, Minnesota.

Ruben Ramirez, Reuters, Austin, Minnesota.

SOUNDBITE:

  • Jeff Ettinger, CEO, Hormel
  • Brian Buhr, Department Head, Applied Economics, University of Minnesota, 
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