Inflation hits the Thanksgiving dinner table

The Indicator from Planet Money

NPR

Business

4.7 • 9.2K Ratings

🗓️ 24 November 2022

⏱️ 10 minutes

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Summary

Thanksgiving isn't immune from inflation — an annual survey recently found that a holiday meal for four is 20 percent more expensive than it was last year. We bring the Indicator team around the dinner table for a very nerdy Thanksgiving.

Indicator listeners — as the end of the year approaches, we want YOUR feedback! What were your favorite shows of 2022? Are there any stories from the past year you'd like an update on? Let us know by emailing [email protected] or commenting on social media!

Transcript

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0:00.0	NPR.
0:07.0	This is the indicator from Planet Money, I'm Darian Woods, and I am here with the indicator
0:17.2	team for a very special Thanksgiving episode.
0:19.9	Happy Thanksgiving everyone!
0:23.8	And we are here to share a meal and learn about the economics of it.
0:28.0	Specifically, how much more expensive is a Thanksgiving dinner this year and why?
0:32.1	We're going to chow down after the break.
0:35.0	Yeah, thanks for having us over.
0:36.3	Is there like a sign seating here?
0:40.1	Support for NPR comes from US Bank, which offers the following message.
0:44.4	Real-time payments from US Bank is more than just payments.
0:47.9	It's real-time planning, real-time productivity, and real-time progress.
0:52.5	Discover more at usbank.com slash RTP.
0:58.4	So I've got everybody to bring an item that you'd have on a Thanksgiving meal.
1:02.4	And we're going to learn about how much it costs and also how much it's risen in price
1:07.1	and maybe a fun fact along the way.
1:09.8	Yes.
1:10.8	We've got our information on price increases from the American Farm Bureau Federation,
1:14.8	which is a lobby group.
1:16.2	They make what's essentially a Thanksgiving price index every year.
1:19.8	Here's Roger Crayon, their chief economist.
1:22.2	They headlined for our survey, which we've been doing every year for 37 years, is that
	...

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