{"id":1963487,"date":"2023-07-03T16:29:02","date_gmt":"2023-07-03T20:29:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/inflation-causes-fourth-of-july-cookout-items-to-hit-record-high-report\/"},"modified":"2023-07-03T16:30:34","modified_gmt":"2023-07-03T20:30:34","slug":"inflation-causes-fourth-of-july-cookout-items-to-hit-record-high-report","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/inflation-causes-fourth-of-july-cookout-items-to-hit-record-high-report\/","title":{"rendered":"Report: Inflation drives Fourth of July cookout items to reach record prices."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">24<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Finflation-causes-fourth-of-july-cookout-items-to-hit-record-high-report%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1963487&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>Average Per-Person Spending on Fourth of July Food Reaches Record High Amid Inflation<\/h2>\n<p>Average per-person spending on Fourth of July food items rose to $93.34 in 2023 amid <a href=\"https:\/\/www.usinflationcalculator.com\/inflation\/current-inflation-rates\/\">persistent inflation<\/a>, according to a National Retail Federation (NRF) survey.<\/p>\n<p><span style=\"font-weight: 400\">This figure marks the highest ever recorded by the NRF since the survey began in 2003, representing a $9.22 increase from last year&#8217;s average of $84.12. The survey, conducted from June 1st to June 7th, gathered responses from 8,225 consumers.<\/span><\/p>\n<p><span style=\"font-weight: 400\">While the average per-person cost of Fourth of July food items was just $68.16 in 2014, the sum has grown every year except 2019.\u00a0<\/span>The report comes as Americans continue to <a href=\"https:\/\/www.dailywire.com\/news\/white-house-brags-about-chart-showing-inflation-skyrocketed-after-biden-took-office\">struggle with<\/a> inflation, which hit a <a href=\"https:\/\/www.politico.com\/news\/2022\/07\/13\/us-inflation-new-40-year-high-june-00045541\"><a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/breaking-inflation-skyrockets-to-6-8-higher-than-expected-fastest-rate-in-nearly-40-years\/\" title=\"BREAKING: Inflation Skyrockets To 6.8%, Higher Than Expected, Fastest Rate In Nearly 40 Years\">40-year high<\/a><\/a> in 2022.<\/p>\n<p><span style=\"font-weight: 400\">\u201cThe cost of a 4th of July cookout in 2021 is down $0.16 from (2020),\u201d the Biden administration previously boasted despite <a href=\"https:\/\/www.usinflationcalculator.com\/inflation\/current-inflation-rates\/\">severe inflation<\/a>. <\/span><span style=\"font-weight: 400\">However, NRF found that the price actually increased by more than $4 from 2020 to 2021.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Planning a cookout this year? Ketchup on the news. According to the Farm Bureau, the cost of a 4th of July BBQ is down from last year. It\u2019s a fact you must-hear(d). Hot dog, the Biden economic plan is working. And that\u2019s something we can all relish. <a href=\"https:\/\/t.co\/7h9qLauIbC\">pic.twitter.com\/7h9qLauIbC<\/a><\/p>\n<p>\u2014 The White House (@WhiteHouse) <a href=\"https:\/\/twitter.com\/WhiteHouse\/status\/1410709115333234691?ref_src=twsrc%5Etfw\">July 1, 2021<\/a><\/p>\n<\/blockquote>\n<p>\u00a0<\/p>\n<h3>Impact of Inflation on Food Prices<\/h3>\n<p><span style=\"font-weight: 400\">The Bureau of Labor Statistics (BLS) <\/span><a href=\"https:\/\/www.bls.gov\/opub\/ted\/2022\/consumer-price-index-unchanged-over-the-month-up-8-5-percent-over-the-year-in-july-2022.htm#:~:text=SUBSCRIBE-,Consumer%20Price%20Index%20unchanged%20over%20the%20month%2C%20up%208.5%20percent,the%20year%2C%20in%20July%202022&#038;text=The%20Consumer%20Price%20Index%20for,and%201.0%20percent%20in%20May.\"><span style=\"font-weight: 400\">reports<\/span><\/a><span style=\"font-weight: 400\"> a 10.9% increase in the price of consumer food goods from July 2021 to July 2022, the largest increase over 12 months since May 1979. BLS notes that <\/span><span style=\"font-weight: 400\">\u201cprices for food at home rose 13.1 percent,\u201d while there was a 7.9% increase in the cost of food away from home in the 12-month span.\u00a0<\/span><\/p>\n<p><b data-stringify-type=\"bold\"><\/b><\/p>\n<h3>Specific Food Price Increases<\/h3>\n<p><span style=\"font-weight: 400\">A recent <\/span><a href=\"https:\/\/www.wellsfargo.com\/com\/insights\/agri-food-intelligence\/fourth-july-food-report\/\"><span style=\"font-weight: 400\">report<\/span><\/a><span style=\"font-weight: 400\">\u00a0on <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/grocery-billionaire-inflation-for-food-prices-will-hit-10-14-by-october\/\" title=\"Grocery Billionaire: Inflation For Food Prices Will Hit 10-14% By October\">food inflation<\/a> from Wells Fargo reveals that the average cost of beer has increased by 8% since last year, while the price of an average 12-ounce soft drink has risen by 54 cents, or 14%. The cost of a pound of <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/jury-hears-closing-arguments-in-derek-chauvin-murder-trial\/\" title=\"Jury hears closing arguments in Derek Chauvin murder trial\">chocolate chip cookies<\/a> is up about 14% since last year, while the price of bread increased by 22%. Prices for ground beef and <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/inflation-causes-fourth-of-july-cookout-items-to-hit-record-high-report\/\" title=\"Report: Inflation drives Fourth of July cookout items to reach record prices.\">pork chops showed minor price increases<\/a> of about 1%.<\/span><\/p>\n<p><span style=\"font-weight: 400\">\u00a0<\/span><span style=\"font-weight: 400\">The costs of ice cream and processed cheese are up 9% and 10%, respectively, though the average cost of milk fell in 2023. <\/span>The price of potato chips surged 15% since last year, while the costs of chicken breasts and eggs decreased.<\/p>\n<p>Despite rising costs, the NRF survey found that 87% of respondents plan to celebrate the Fourth of July this year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>At $93.34, per-person spending on Fourth of July food items reached its highest level ever in 2023, according to a National Retail Federation survey. This marks a $9.22 increase from the previous year and is attributed to ongoing inflation. The NRF has been conducting this survey since 2003.<\/p>\n","protected":false},"author":503,"featured_media":1963488,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[541],"tags":[],"class_list":["post-1963487","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-daily-wire"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1963487","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/503"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1963487"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1963487\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1963488"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1963487"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1963487"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1963487"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}