Thanksgiving turkey prices are certainly not what they used to be.
According to data from the Bureau of Labor Statistics, price U.S. consumption of what the government calls “turkey and other uncooked poultry” has increased since October 2020, the final Thanksgiving season of President-elect Donald Trump's first term, compared to the Biden-Harris administration. By October 2024, about four years later, it had increased by 23%. management.
This means that most Americans, 67%, expect Just like the turkey will be on the Thanksgiving table.
Americans may experience some relief from sticker shock when purchasing ham, which has risen 18% since October 2020 on a Consumer Price Index (CPI) basis. data.
Other Thanksgiving staples are also becoming more expensive under the Biden-Harris administration. According to the Bureau of Labor Statistics, potato prices fell 1.5% from October 2023 to October 2024. reflect Based on the Consumer Price Index (CPI), there has been an overall increase of 11% since October 2020.
For more information, Bureau of Labor Statistics:
While you wait for your turkey to roast, how about a charcuterie board made with fresh fruit and cheese? Prices for fresh fruit rose 2.2% in the 12 months to October 2024, leading to a rise in cheese and related products The price of rose by 0.6%. Last year, fresh fruit prices rose by 1.8%, while cheese and related product prices fell by 1.9%.
…
Stop counting calories. Add one (or two) rolls to the plate. Prices for fresh biscuits, rolls and muffins rose 2.3% over the year. The price of these fluffy meal accompaniments increased by 5.7% from October 2022 to October 2023.
For those who finish their meal with wine, the price of wine at home rose 0.3% in October 2024 compared to October 2023, after rising 1.1% a year earlier.
This reality comes as 37% of Americans admit that they expect their Thanksgiving plans to look like this: affected per year due to price increases economist/YouGov survey.
The survey showed 61% disapprove of Joe Biden's handling of inflation and prices.
Throughout her short presidential campaign, Vice President Kamala Harris has failed to place any blame on herself for soaring inflation under the Biden-Harris administration. include her role in ensuring passage of the inflation-inducing $1.9 trillion American Rescue Plan; Rather, she declined to go into details. Offerings Soviet-style price controls.
