SLIM PICKINGS: Two-thirds of Americans say rising prices across the board will affect their Thanksgiving plans this year, a survey found.
Two-thirds of Americans say rising prices across the board will affect their Thanksgiving plans this year, a survey from The Vacationer revealed.respondents if high levels of inflation are affecting their Thanksgiving plans this year. The vast majority said the country’s current economic state is, in fact, affecting their plans in some way. About a quarter, 24.73 percent, attributed the issues to the high cost of food, while 16.75 attributed it to the increased travel cost “due to gas prices.
with the results of a Personal Capital survey released last week, which found one in four Americans planning to skip the holiday altogether to save money.Nearly 29% of American adults say they will spend more than $500 to travel for Thanksgiving this year. This figure represents nearly 74 million adults. The 28.6% is made up of the 12.56% that say they will spend between $501 to $1,000, the 8.37% that will spend between $1,001 to $1,500, the 5.08% that will spend between $1,501 to $2,000, and the 2.59% that intend to spend more than $2,000. Last year, only 20.13% of Americans intended to spend more than $500. This means 30% more people this year intend to spend over $500 than last year.
The survey was taken October 25, 2022, among 1,003 Americas and has a margin of error of +/- 3.158 percent.in the U.S., with turkey and non-chicken poultry up 16.9 percent, pies up 18.6 percent, and butter up 26.7 percent.
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