Veronica Nigh, senior economist at the American Farm Bureau Federation, outlined the reasons for the price increase in a: “Several factors contributed to the increase in average cost of this year’s Thanksgiving dinner. These include dramatic disruptions to the U.S. economy and supply chains over the last 20 months; inflationary pressure throughout the economy; difficulty in predicting demand during the COVID-19 pandemic and high global demand for food, particularly meat.
”Not only are Americans paying more for Thanksgiving staples, they’re also having a harder time finding these items at the grocery store.from market research firm IRI found that in the week ending November 7 the in-stock rate for frozen whole turkeys was 22% lower than the same time last year, while cranberry sauce, liquid gravy and pies were 10%, 12% and 10% less in stock, respectively.
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No Thanks: Average Cost For Thanksgiving Dinner Hits All-Time HighOn average, Americans will pay $53.31 for a Thanksgiving dinner for 10, according to the annual American Farm Bureau Federation survey. 'labor shortages' LOL liars
Source: Forbes - 🏆 394. / 53 Read more »
No Thanks: Average Cost For Thanksgiving Dinner Hits All-Time HighOn average, Americans will pay $53.31 for a Thanksgiving dinner for 10, according to the annual American Farm Bureau Federation survey. wow
Source: Forbes - 🏆 394. / 53 Read more »
No Thanks: Average Cost For Thanksgiving Dinner Hits All-Time HighOn average, Americans will pay $53.31 for a Thanksgiving dinner for 10, according to the annual American Farm Bureau Federation survey. nice
Source: Forbes - 🏆 394. / 53 Read more »
No Thanks: Average Cost For Thanksgiving Dinner Hits All-Time HighOn average, Americans will pay $53.31 for a Thanksgiving dinner for 10, according to the annual American Farm Bureau Federation survey.
Source: Forbes - 🏆 394. / 53 Read more »
Thanksgiving dinner is going to be more expensive this year, thanks to inflationThere’s going to be an extra guest at Thanksgiving this year: inflation. Here are a few things that you can do to keep your meal as inexpensive as possible, according to experts: investinyou (In partnership with acorns.) acorns acorns NWKMF I wonder why consumer confidence is down. acorns wow
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No Thanks: Average Cost For Thanksgiving Dinner Hits All-Time HighOn average, Americans will pay $53.31 for a Thanksgiving dinner for 10, according to the annual American Farm Bureau Federation survey. 'labor shortages' LOL liars
Source: Forbes - 🏆 394. / 53 Read more »