Thanksgiving has a long-standing tradition as the ultimate
home-cooked holiday. But 14 million Americans are expected to dine out
on Turkey Day, and another 16 million households will use ready-to-eat
takeout foods for some or all of their “home-cooked” Thanksgiving
dinner.
The cost of Thanksgiving dinner is rising: A traditional home-cooked feast for 10 costs just under $50, on average, up 13% compared to a year ago.
Dining out, of course, is even more expensive. Perhaps due to the sad
state of the economy, fewer Americans are expected to eat the big meal
at restaurants this year: Just 6% of the population (14 million people)
will dine out on Thanksgiving, according to the Nation’s Restaurant Association, compared to 11% of Americans last year.
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