"Tracking Inflation: How Will It Impact Your Fourth of July Cookout?"

Americans will face higher costs for their July 4th cookouts this year, with the total cost for a 10-person gathering estimated at $67.73, down slightly from last year but still 14% higher than two years ago. The American Farm Bureau Federation (AFBF) report highlights price increases for hamburger buns, potato salad, ground beef, strawberries, and ice cream. Concerns about inflation and rising prices extend beyond cookout costs, with polling showing that 9 in 10 U.S. voters are worried about higher prices. Consumer Price Index reports indicate that Americans are paying more for necessities like food and housing under the Biden administration.