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1944. Cost of Bacon: $0.33 Inflation-Adjusted Cost: $5.73 While the price of bacon declined steadily during the war, those at home were encouraged to save their bacon grease for the war effort.
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As of October, the annual inflation rate in the U.S. had reached 7.7%. But the price of some goods and services have surged beyond that -- the cost of energy has increased 17.6% over the past year,...
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One pound (454 g) of sliced bacon is fried in oil until crisp and drained. The loaf is sliced lengthwise, hollowed out, and filled with peanut butter, grape jelly and bacon. [8] According to Andurlakis, he personally served Presley the Fool's Gold Loaf with bacon, peanut butter, and blueberry preserves on a loaf of French bread. [9]
Bacon is more expensive than it was a year ago, with prices up 6.9% from May 2023 to May of this year, according to inflation data from the Bureau of Labor Statistics. Pork chops were up too, by 4.6%.
[3] [4] [5] As an example of the difference, for 2002, when the FAO figure for US per capita meat consumption was 124.48 kg (274 lb 7 oz), the USDA estimate of US per capita loss-adjusted meat consumption was 62.6 kg (138 lb). [6]
Growth and profitability were also spurred between the 1930s and 1950s by innovations such as the fancy dry curing of bacon and the vacuum canning of meats. By the company's fiftieth anniversary in 1941, the small regional packing house in Waterloo had grown into the nation's single largest meatpacking facility with branch facilities in 12 states.
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