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New data from a National Retail Federation (NRF) survey found that the average per-person spending on Independence Day barbeque items increased to $93.34 in 2023.
The figure marked a $9.22 jump from 2022 when the costs averaged $84.12.
The survey, conducted between June 1 to June 7 of 8,225 consumers revealed the highest number ever recorded by the NRF for the items since it began conducting the survey in 2003. Since 2014 when the cost of Independence Day cookout items was only $68.16, the sum has increased every year except 2019.
In 2021, the Biden administration bragged that “The cost of a 4th of July cookout in 2021 is down $0.16 from (2020),” despite spiking inflation. Contrary to the boasts of the White House, NRF revealed that the price in 2021 actually increased by over $4 from 2020.
Wells Fargo announced in a report on food inflation that the average cost of beer has increased by 8 percent since 2022 and the cost of an average 12-ounce soft drink has jumped by 14 percent, approximately 54 cents.
Prices for ground beef and pork chops increased by approximately 1 percent while the cost of a pound of chocolate chip cookies is up roughly 14 percent since last year and the price of bread increased by 22 percent.
Additionally, the price of ice cream and processed cheese are up 9 and 10 percent, respectively, while the price of potato chips jumped 15 percent since 2022.
Even as Americans continue to grapple with Biden’s inflation, which hit a 40-year-high in 2022, the NRF survey found that 87 percent of respondents plan to celebrate America’s Birthday this year with 32 percent planning on purchasing additional patriotic items.
The figure marked a $9.22 jump from 2022 when the costs averaged $84.12.
The survey, conducted between June 1 to June 7 of 8,225 consumers revealed the highest number ever recorded by the NRF for the items since it began conducting the survey in 2003. Since 2014 when the cost of Independence Day cookout items was only $68.16, the sum has increased every year except 2019.
In 2021, the Biden administration bragged that “The cost of a 4th of July cookout in 2021 is down $0.16 from (2020),” despite spiking inflation. Contrary to the boasts of the White House, NRF revealed that the price in 2021 actually increased by over $4 from 2020.
Wells Fargo announced in a report on food inflation that the average cost of beer has increased by 8 percent since 2022 and the cost of an average 12-ounce soft drink has jumped by 14 percent, approximately 54 cents.
Prices for ground beef and pork chops increased by approximately 1 percent while the cost of a pound of chocolate chip cookies is up roughly 14 percent since last year and the price of bread increased by 22 percent.
Additionally, the price of ice cream and processed cheese are up 9 and 10 percent, respectively, while the price of potato chips jumped 15 percent since 2022.
Even as Americans continue to grapple with Biden’s inflation, which hit a 40-year-high in 2022, the NRF survey found that 87 percent of respondents plan to celebrate America’s Birthday this year with 32 percent planning on purchasing additional patriotic items.
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