Thanksgiving 2008: Rising Food Prices, Shrinking Grocery Store Fronts
by Christina Lee on November 26th, 2008
Turkey, stuffing, pumpkin pie – all Thanksgiving staples, though this year they also collectively serve as a reflection of present economic conditions. Nationwide, Thanksgiving food prices rose 6 percent from last year, according to the American Farm Bureau Federation. In addition, a meal for a family of ten this year will cost an average of $44.21, over $2 more than what it cost in 2007. Consumers may wonder how, considering today’s lower gas prices, they are still ending up paying more for tomorrow’s meal – specifically, as much as $2.20 more for a 12-oz. package of brown-n-serve rolls and $3.12... Read more »