Business Services Industry
Thankfully, Food and Energy Affordable This Holiday.
AScribe Business & Economics News Service, November, 2006
Byline: Purdue University
WEST LAFAYETTE, Ind., Nov. 17 (AScribe Newswire) -- Consumers should be able to afford their Thanksgiving dinner this year, the fuel to cook the feast and the gasoline to drive it to grandma's, said a Purdue University agricultural economist.
Food and beverage prices are up 2.6 percent this holiday season, while gasoline and natural gas prices are much lower, said Corinne Alexander.
"Food price increases so far in 2006 have been about average, with abundant supplies of many food products," Alexander said.
"We've seen a decline in dairy prices. Milk and butter are much cheaper this year than they were even two years ago. We've also seen an increase in the cattle herd nationwide, so beef prices have...
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