Put down your supermarket trolleys and make your restaurant reservations right now
Inflation has raised its ugly head throughout industries, and it has now reached the Christmas season, causing Americans to make decisions about how they will celebrate. According to a new Wells Fargo research, it may be in your best advantage to skip the oven and make a table reservation on Thanksgiving Day 2022.
Traditionally, the decision to go out for Thanksgiving dinner (or buy takeout) was purely personal. Individual tastes drove the source of the dinner, whether because families finally felt safe admitting they dislike turkey or because having everyone at the house may be excruciatingly unpleasant. However, the menu for Thanksgiving 2022 may be dictated by need.
Why should you eat out on Thanksgiving?
To put it simply, inflation has driven up supermarket costs to the point that you're better off buying pre-prepared meals. Overall, according to Wells Fargo's analysis, the cost of meals away from home has climbed at a slower pace of 5.79% since 2021, compared to a regular shopping trip, which has increased at a rate of 9.81%.
Consider three of the most traditional Thanksgiving foods: turkey, potatoes, and cranberries. According to Wells Fargo, turkey costs will be 23% higher than last year, owing in part to a bird flu epidemic early this year that wiped off most of the flock. Although inventory has been replaced and you're sure to locate a turkey if you want to buy one, the price per pound is projected to rise.
In addition to rising chicken costs, this year's harvests have encountered other problems. Extreme weather in the Northwest, where majority of the country's potato supply is cultivated, resulted in a lesser yield. This does not necessarily imply that potatoes would be scarce; rather, they will be more costly.
Weather conditions also had an impact on the cranberry harvest, resulting in greater production costs for producers and, as a result, higher prices for customers. According to the Wells Fargo analysis, fresh berries will be more costly, while canned cranberry sauce may not see the same price increase. Sweet potatoes will also be less expensive than white potatoes since their production did not experience the same obstacles.
Why put in the extra effort of cooking when it will also cost you more? This is an undeniably unsentimental approach to a holiday supposed to bring families together, and the handmade fare may look and taste fantastic. But, if the purpose is to bring people together, the source of the food or the sort of cuisine shouldn't matter too much. You may still gather the family for pizza or burgers and express gratitude for the companionship.
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SOURCE: thetakeout
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