Americans feeling inflation’s pinch better brace themselves for the cost of hosting Thanksgiving, which surged 20 percent since last year.
According to a newly released Farm Bureau survey, the average cost for a family of 10 this year is $64.05—a $10.74 or 20 percent increase from last year, when the average cost was $53.31.
“General inflation slashing the purchasing power of consumers is a significant factor contributing to the increase in average cost of this year’s Thanksgiving dinner,” said AFBF Chief Economist Roger Cryan…