Fun Financial Facts about Thanksgiving
Here are some fun Thanksgiving facts to chew on while you're waiting for Thanksgiving dinner to be served.
1. $670 Million: The monetary value of the Turkeys killed
each year for Thanksgiving Day meals. An estimated 46
million turkeys are cooked each year with the average
turkey costing roughly 91 cents a pound.
2. $48,052: The median household income of the four
towns in the United States that have Turkey in their names:
Turkey Creek, AZ; Turkey Town, NC; Turkey Creek
Village, LA; Turkey City, TX. That is 36 percent less than the
median household income of all other households.
3. $50.11: The average cost for a Thanksgiving meal for 10, according to the American Farm Bureau Federation.
That $50 dollars goes a long way as the average individual
consumes 4,500 calories on Thanksgiving Day (3,000 from
the meal and another 1,500 from snacking and drinks).
4. $310: The average amount of money consumers spending on Thanksgiving weekend shopping, according to the National Retail Federation. Despite the great sales and deep discounts on Black Friday, it is important to stick
to a budget. Americans rack up almost $52 million in debt
during the Holiday shopping season.
5. $28 Million: The amount of property losses due to cooking accidents on Thanksgiving Day. Cooking fires are
three times more likely on Thanksgiving than any other
day of the year. Be careful cooking those Turkeys.
Most importantly use this time to reflect on everything we are thankful for and spend time with the people we love.
Cornerstone Wealth Management
486 NW 2nd Ave.
Canby, OR 97013
Securities and advisory services offered through LPL Financial, a registered investment advisor. Member