Inflation Strikes July 4 Cookouts: Cost of Meat and Fireworks Up Over 25%

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As the U.S. endures rising inflation, Americans celebrating the Fourth of July this weekend with cookouts and at-home fireworks displays will be paying more to entertain their friends and families.

Note: Hot dog data through April 2022. Source: Consumer Price Index, Bureau of Labor StatisticsMost Fourth of July cookouts aren't complete without some burgers and hot dogs on the grill. According to, hot dogs and hot dog buns were the top selling grocery items in the week leading up to July Fourth last year.

Demand for consumer fireworks has been up since the start of the pandemic, and William Weimer, vice president of Phantom Fireworks, said that high shipping costs and labor shortages have led to the spike in prices. While 2022 sales are not finalized, despite a firework shortage last year, Phantom Fireworks sold 428.8 million pounds of product, its most ever.

 

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