The Cost Of Thanksgiving Dinner Has Been Going Nowhere
The price of turkey has actually seen a little bit of deflation. "The big ticket item - a 16-pound turkey - came in at $21.65 this year. That's roughly $1.35 per pound, a decrease of less than 1 cent per pound, or a total of 11 cents per whole turkey, compared to 2013," says the AFBF's report. This is despite soaring prices in beef, veal, and pork, and other kinds of poultry this year.
Turkey deflation is offset by rising butter costs: it's up almost 30% this year, according to a note from Wells Fargo's economics group.
Here's how much a dinner costs at the average hourly wage over time, as calculated by the American Enterprise Institute's Mark Perry.
- A couple accidentally shipped their cat in an Amazon return package. It arrived safely 6 days later, hundreds of miles away.
- A centenarian who starts her day with gentle exercise and loves walks shares 5 longevity tips, including staying single
- 2 states where home prices are falling because there are too many houses and not enough buyers
- "To sit and talk in the box...!" Kohli's message to critics as RCB wrecks GT in IPL Match 45
- 7 Nutritious and flavourful tiffin ideas to pack for school
- India's e-commerce market set to skyrocket as the country's digital economy surges to USD 1 Trillion by 2030
- Top 5 places to visit near Rishikesh
- Indian economy remains in bright spot: Ministry of Finance