This Friday, families and friends will gather together across the United States to celebrate our nation’s independence. As Americans prepare for BBQs and parties, they face higher food prices at the supermarket as food staples needed for a BBQ are at all-time highs as well.
The Center for American Progress released a report this week on how much more a BBQ will cost for the average American family this year compared to last year. For a an average sized party, you will have to pay nearly 5% more than you did in 2007 and over 31% what you paid in 2000 .
Here are some notable items that have seen an increase over the past year:
- 3 packages of hamburger buns are up 10% from $3.86 to $4.26
- 2 pounds of macaroni for pasta salad are up 17% from $1.99 to $2.33
- A package of slices of American cheese are up 14% from $3.74 to $3.94
- For dessert, a ½ gallon of ice cream is up 5% from $3.88 to $4.08
Numerous converging factors have contributed to the increase in the price of food for consumers. Only one factor, however, is within control of federal lawmakers -- the government's ethanol policies. Despite the rise in food prices, hope everyone has an enjoyable and happy 4th of July.
