61: Thanksgiving Will Be Cheaper This Year and That's Not Good

Stephanomics

• Episode: 61: Thanksgiving Will Be Cheaper This Year and That's Not Good
• Website: Stephanomics
• Feed URL: http://feeds.bloomberg.fm/BLM8939407484
• Duration: 00:27:27
• Published: 2016-11-02 22:14

Falling food prices may be good for your Thanksgiving tab this year, but they're doing a number on the U.S. economy. Food commodity prices have fallen over 20 percent from early 2015, helping to keep inflation at bay and wages stagnant, according to a research note from Goldman Sachs. As prices have fallen, the cost of eating out has stayed the same - what gives? This week, co-hosts Kate Smith and Dan Moss are joined by Al Di Meglio, the chef behind buzzy new South Williamsburg restaurant Barano, to talk about what falling food prices mean for the notoriously difficult restaurant business. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com