Economists say it is worth remembering that 'prices are still nearly 20 percent higher than they were before the pandemic.'
Preparing a Thanksgiving dinner this year will cost less than it did last year, but is still significantly more than it was before the COVID-19 pandemic, new research has shown.The average cost of a meal for 10 people this year has gone down to $58.08 which works at at around $5.80 per person. This marks a five percent drop from the figure reported in 2023, which was 4.5 percent lower than in 2022—the year that saw a record high cost of around $65.
The drop in the price of turkey—the main dish of the Thanksgiving dinner—helped bring the overall cost of the meal down. The average price of a 16-pound turkey was reported to be $25.67, which amounts to $1.60 per pound, a six percent drop from last year.Favorable weather contributed to the decline in milk prices, with the cost of whole milk decreasing by more than 14 percent.'It is important to note, however, that milk prices vary significantly between regions in the U.S.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Rosé And Bruno Mars, BABYMONSTER, SEVENTEEN, And THE BOYZ Top Circle Monthly And Weekly ChartsCircle Chart (formerly known as Gaon Chart) has revealed its latest monthly and weekly chart rankings! Monthly Digital Chart + Streaming Chart BLACKPINK’s
Read more »
Beware McDonald's, but these other restaurant stocks look attractive, says Katie StocktonThe chart analyst breaks down the chart in McDonald's and a few other stocks.
Read more »
Here's the inflation breakdown for October 2024 — in one chartConsumers saw price relief at the gas pump and grocery store. But housing inflation and other categories like car insurance are trouble spots.
Read more »
Tech stocks could be in for a reckoning, this chart showsDon't look now, but the technology part of the market could be in real trouble.
Read more »
Leaked Chart Shows Web of Matt Gaetz’s Alleged Payments to WomenFederal investigators reportedly created the graphic to trace various Venmo payments among Gaetz’s circle of friends.
Read more »
Chart shows that the Pixel 9 series grabbed U.S. market share from the iPhoneAlan, an ardent smartphone enthusiast and a veteran writer at PhoneArena since 2009, has witnessed and chronicled the transformative years of mobile technology. Owning iconic phones from the original iPhone to the iPhone 15 Pro Max, he has seen smartphones evolve into a global phenomenon.
Read more »