Inflation Hits Fourth of July
As Americans gear up for the Fourth of July, they face an unexpected burden: soaring food costs due to unyielding inflation. According to the National Retail Foundation, per-person spending on Independence Day food has reached a record-breaking $93.34. That's a staggering increase and a clear indication of the inflation strains felt by the American populace. Despite the Biden administration's controversial claim that the cost of a Fourth of July cookout went down, the NRF's survey contradicts this, showing an actual increase from the previous year. The Bureau of Labor Statistics reports a significant 10.9% surge in consumer food prices, marking the largest proportional increase in decades. The rising costs of beer, soft drinks, cookies, and bread add to the financial strain on American families. Despite these challenges, the NRF survey reveals that the patriotic spirit remains strong, with 87% of respondents still intending to celebrate Independence Day.
Find more on this story at: https://www.youtube.com/nextnewsnetwork
#news
#news
-
1:01:43
Michael Franzese
19 hours agoDemocrat Party is Evil: The Border, Cover Ups, Fraud | Michael Franzese LIVE! Ep. 19
31.4K36 -
12:04
Liam Reid
19 hours ago9-Year-Old 250 2 Stroke vs Modern 4 Stroke!
38K4 -
15:07
CartierFamily
1 day agoRepublican CALMLY DISMANTLES CNN Host Over GOP Denied Bill! 🔥
45.8K71 -
20:10
Degenerate Jay
7 hours agoThe PlayStation 5 Pro Is Bad News For Gaming
44.2K12 -
11:47
Colion Noir
19 hours agoKamala Harris Panders To Oprah Saying If Someone Breaks Into My House They Getting Shot
39.8K57 -
14:30
IsaacButterfield
1 day ago $0.03 earnedMy Girlfriend Is Trans But I’m Not Gay
44.1K53 -
5:51
Dr. Nick Zyrowski
1 day agoBerberine, Fat Loss & Your Blood Sugar | Must See!
36.5K9 -
10:23
Sideserf Cake Studio
6 hours ago2 Easy Hyperreaslitic Cakes YOU Can Make!
45.8K4 -
13:46
Tactical Advisor
1 day agoCan a Gun This Small Be Any Good? Smith & Wesson Bodyguard 2.0
38.3K6 -
59:51
Trumpet Daily
1 day agoWhat Is Kamala Harris Trying to Say? - Trumpet Daily | Sept. 20, 2024
45.1K21