Date Posted: 05/21/24
Memorial Day weekend is approaching quickly, and millions of Americans will honor and remember U.S. military personnel who died while serving in the armed forces. Did you know that in 1873, New York was the first state to recognize Memorial Day as a legal holiday?
It’s also considered by many to be the unofficial beginning of summer, and many people spend the long weekend traveling, with family and friends, or relaxing at home.
According to research by Wallethub, more than half of Americans plan to barbecue over the long holiday weekend. The average cost of a Memorial Day cookout this year is $30, which is a 10% increase over last year. And, Americans will spend $1.3 billion on meat!
May 16 was National Barbecue Day, and we asked our Facebook and Instagram followers “what’s your favorite food item to barbecue?” Most of the answers involved some type of meat:
– Chicken
– Steak
– Hamburgers
– Hot dogs or brats
– Ribs
– Seafood such as shrimp
A few people also mentioned vegetables, and one person even said they love to grill watermelon! I’ve always loved cutting up potatoes, wrapping them up in aluminum foil along with butter, salt, and pepper, and throwing them on the grill. They’re so delicious!
More than 65% of Americans plan to grocery shop on Memorial Day, according to Wallethub, with 68% planning to spend less than $100 over the weekend. That’s not surprising, since many consumers are still concerned about inflation and rising prices of food and other items.
A 2023 year-end survey by Circana found that 55% of shoppers are looking for sales or deals more often. In addition, nearly 3 in 10 shoppers are adding value-focused retailers into their shopping list, while 18% shop at more grocery stores in order to find the best deals.
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