
12-11-2024, 09:20 PM
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Sage
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Join Date: Feb 2021
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Quote:
Originally Posted by CoachKandSportsguy
food can be very regionally affected. The CPI is for all USA, alaska, hawaii, and continental US. . . So it's a number which includes a very huge area with lots of variations through out the sampling.
hard products like this, the CPI is pretty good estimate. Within services, it's a dumpster fire of a sampling process. Owner's equivalent rent is the worst dumpster fire with health insurance next.
so what's your egg spending as a percentage of total spend??
versus insurance and taxes??
I know people have individual pain points and cherry pick examples to suit their own biases, but eggs? one carton lasts two weeks for us, = 24 max cartons per year, which = $100 +/- not significant. . breakfast or lunch at any non fast food joint is easily $20 per person, $25-30 if hungry with tip. . .
That's all labor inflation from increasing minimum wage to compete for labor and mandatory labor rates. .
not to be argumentative, and its not that these numbers are perfect, its that they are what the government and lots of decisions are made on. . government and private decisions using the best information possible. .
Gas buddy analyst, gas prices are the lowest in several years across the country. . .
yeah, stations play games with customers, inventory, expected increases, etc. but gas prices on an inflation adjusted basis, very, very , very cheap.
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For most people in TV, eggs are minor expense, since we're not the "typical family of 5"...
For those people, it's a significant cost...
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