Is Inflation Gobbling up Your Thanksgiving Plans?
The price tag of the traditional holiday meal, which also includes cranberries, sweet potatoes and stuffing, dropped for a second consecutive year, according to the American Farm Bureau Federation’s annual survey released on Wednesday.
That’s the good news. The bad news is the overall cost of hosting Thanksgiving is up, thanks to inflation. The typical host will shell out $431 on food, drinks and decor, a 19 percent increase from last year, according to a survey from Lending Tree.
Betting on increased demand from Thanksgiving travelers, Uber launched “XXL” rides with extra trunk space this week. The ride-hailing company is trying to overcome a slowdown in its mainstay app-based taxi business.