Consumer discretionary industry and the airline industry are inextricably linked.
They both rely on the very same segment of the economy that is in the midst of a crisis.
And they both suffer when food costs go up.
The airlines have spent $10 billion on food for domestic flights this year, a rise of more than $20 billion from 2015.
For the airline segment, that amounts to an annual cost of about $400 million.
The airlines are paying for the food with their fuel taxes, which the government is providing to them as a supplement to the $5.5 trillion food stamp program.
The subsidy is expected to rise to $8.4 billion this year.
It’s the biggest increase in food stamp benefits in more than 30 years.
In a few years, the subsidy will likely be higher than the $400 billion food stamp payments currently in the books.
The food stamp benefit is based on the number of individuals who qualify for it.
The total benefit for Americans this year is $4,100, a 7.4 percent increase over the previous year.
For some, the benefit will be more than double.
The $400 per month benefit is $2,400 for an individual earning $50,000, or $4 a month for a family of four earning $120,000.
For others, it’s just $200.
The airlines are also paying for their fuel, which is based mostly on the amount of fuel the planes are carrying.
In 2015, the airlines sold about 7.6 billion gallons of fuel, and the government reimbursed them for about 4.6 percent of that.
This year, that number is projected to fall by about half to 1.8 percent, according to the Federal Aviation Administration.
“That $4 million fuel subsidy is going to go away, and we’re not going to have to pay a dime more, but it will be a much smaller subsidy, because they’re going to be able to pay more fuel tax for those same flights,” said Charles F. Stross, a senior fellow at the Center for Economic and Policy Research.
Stross pointed out that the subsidies were a big part of the reason the airlines spent so much on food in the first place.
Food costs have risen by more than 100 percent over the last decade, he said.
For some airlines, the increase is offset by an increase in the fuel tax, which now comes out to about 2.5 percent of a passenger’s salary.
Stoss estimated that for airlines that have high fuel costs, that translates into about $10 million a year in additional revenue.
“It’s going to hit them in the pocketbooks, but also it’s going up in the food price,” Stross said.
“That’s going be very bad for the economy.
That money is going straight to the pockets of the airlines.”
For consumers, it may be a tough time to spend money on food, Stross noted.
Food costs are on the rise across the economy, and food stamp use is rising.
According to the Department of Agriculture, the number who received food stamps last year rose by 2.9 percent, while the number receiving other forms of assistance rose by 4.4 percentage points.
But that increase is largely offset by the fact that food prices have been going up.
In 2016, the average price of a basket of grocery items rose by an average of 8.1 percent over 2015, according the USDA.
And the average retail price of the top three items rose an average 5.9 times over 2015.
The average price for a basket also increased by 3.6 times.
The increase in prices has been especially severe for staples like canned goods and cereals, which were also among the top 10 categories of price increases in 2016.
The top three categories of food costs rose by 14.3 percent, or about $5 billion.
The airline industry has benefited from the surge in food prices.
Many airlines are able to charge a premium for food because the price of fuel is higher, according Toensing, the industry analyst.
A single seat is usually $100 more than a single-seater, so if you fly one-way or take two-class, the airline is able to give you a cheaper ticket because the fuel is cheaper.
But that doesn’t mean the airlines have the luxury of using their profits to pay for food.
A passenger at a United Airlines flight may have to choose between a $5,000 seat upgrade for the first or the cheapest fare.
It could mean spending an extra $100 on a meal.
That extra expense could be passed on to the passengers who make up the bulk of the group, or the economy class passengers who often make up more than half the total number of people who fly.
If food prices go up even more than the airlines expect, they’ll have less to spend.
Stross estimated that in 2017, the US economy will be