Good news for Americans. “For the second year in a row, the cost of buying Thanksgiving dinner has decreased from the year before, according to the American Farm Bureau Federation’s annual report released Wednesday.”

  • dan1101@lemm.ee
    link
    fedilink
    arrow-up
    39
    arrow-down
    1
    ·
    18 days ago

    Bad luck Biden. Finally getting economy back on track after 4 years. Right after losing reelection.

    • distantsounds@lemmy.world
      link
      fedilink
      English
      arrow-up
      11
      arrow-down
      1
      ·
      18 days ago

      The headline is a little misleading…

      [Inflation rose at a 2.6% annual rate](https://www.bls.gov/news.release/pdf/cpi.pdf) in October, according to the consumer price index report released last week. But, most importantly in the report to America’s home chefs: Food at home prices are up just 1.1% from 2023. Compare that to 2022 when prices jumped more than 10% from 2021.

      Thanksgiving dinner may feel less expensive this year

      Inflation-adjusted cost of Thanksgiving dinner falls to lowest point since 2020

        • distantsounds@lemmy.world
          link
          fedilink
          English
          arrow-up
          5
          ·
          edit-2
          17 days ago

          That’s completely understandable, but the title should be just that. Oversights like this lead to a distrust in the media/government because the mixed messaging. People see cost and think price; which is not saying the same as cost adjusted for inflation.

          People are dumb. I am person.