Friday, November 4, 2016

Consumer expenditure on FDA regulated products: 20 cents of every dollar | FDA Voice

Read the full article:  Consumer expenditure on FDA regulated products: 20 cents of every dollar | FDA Voice:

"One of the much-cited statistics about FDA is this: that FDA-regulated products account for about 20 cents of every dollar of annual spending by U.S. consumers. Add up 20 cents of every dollar and it amounts to more than $2.4 trillion in annual consumption that includes medical products, food and tobacco."

'via Blog this'

The FDA sure has a broad economic reach!

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