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In total, AAA projects that 47.9 million Americans will travel for the Fourth this year, up 3.7 percent from last year and close to the historic peak reached in 2019, before the pandemic struck.
In addition to airport chaos and heavy traffic, holiday travelers will have to contend with higher prices.Īverage gas prices have soared 56 percent from a year ago, mid-range hotel prices have increased 23 percent, and average lowest airfares are up 14 percent. 'Things won't change overnight, but we're on a path towards a steady recovery.' 'We've spent years establishing Delta as the industry leader in reliability, and though the majority of our flights continue to operate on time, this level of disruption and uncertainty is unacceptable,' Bastian wrote in a letter to frequent flyer clients. Bureau of Labor also found that the cost of beer has shot up 25 percent ahead of the top holiday for at-home drinking.Īnd the American Pyrotechnics Association said that fireworks cost are up 35 percent from last year after costs increased over shipping, transportation, insurance and labor.ĭelta head Ed Bastian told customers that the airline would be adding extra boarding times, improving crew scheduling and bringing on workers as it leads the rescheduling among major airlines, canceling 67 flights and delaying 229 so far on Friday. The cost of fuel is up and fertilizer prices have tripled.'Ī new study from Wells Fargo and the U.S. 'Bottom line, in many cases the higher prices farmers are being paid aren't covering the increase in their farm expenses. 'Despite higher food prices, the supply chain disruptions and inflation have made farm supplies more expensive like consumers, farmers are price-takers not price-makers,' Cryan said. Ground beef saw the largest increase, with two-pounds going on average for $11.12, up 36 percent from last year.ĪFBF Chief Economist Roger Cryan said the rising costs are due to inflation, ongoing supply chain disruptions and the war in Ukraine. Two-pounds of chicken breasts are selling at $8.99, a 33 percent increase, and half a gallon of ice cream is marketed at $5.16, a 10 percent spike. The average spending on food shot up to $69.68, a 17 percent increase from 2021Īccording to the American Farm Bureau Federation's 'Cost of July 4th Cookout' study, the average cost of ingredients for Independence Day celebrations have gone up from $59.50 in 2021 to $69.68 this year, a 17 percent rise.Ī package of hamburger buns will cost Americans an average of $1.93, up 16 percent from last year.