Rising grocery prices force customers to buy less, change brands and switch stores
CNN
Higher prices for groceries are putting pressure on many Americans' grocery budgets, forcing them to change how they shop for food and essentials.
The freelance graphic designer in Gilmer, Texas, wanted to buy bacon on a recent trip, but "just walked away" because it was too expensive. Bacon prices increased 2.3% in November from the previous month and has surged 17.8% annually.
Moore has also started shopping more frequently at Dollar General for basic meats, dairy and eggs. Prices there, she has found, "are a little bit cheaper, but still not as cheap as I'd like them to be."
Millions of Americans have taken to the skies, hit the road, fired up the barbecue grill and jumped into the pool this weekend to celebrate the start of summer 2024. Analysts are expecting the Memorial Day weekend to usher in yet another summer of strong consumer spending on travel and other leisure activities.