[Missouri-l] The story about the 12 days of Christmas
freespirit52 at charter.net
Mon Nov 29 17:44:57 CST 2010
I got this from another list. Enjoy.
Here's the story which I found on MSNBC. It mentions a 1.1%
increase according to the CPI, so where's our SS increase!
Note the misspelling of partridge in the story, speaking of
'12 Days of Christmas' cost approaches $100K
Cost of 'The 12 Days of Christmas' items spikes this year,
By JENNIFER C. YATES
The Associated Press
PITTSBURGH -- In the unlikely event that your Christmas list this
year includes every item mentioned in "The Twelve Days of
Christmas," be prepared to pay nearly $100,000.
Trying to buy the 364 items repeated in all the song's verses
-- from 12 drummers drumming to a partridge in a pear tree --
would cost $96,824, an increase of 10.8 percent over last year,
according to the annual Christmas Price Index compiled by PNC
So you might want to try for one of everything. That would
cost only $23,439, or 9.2 percent more than last year.
The 27th annual holiday index has historically mirrored the
national Consumer Price Index, but not this year. The PNC
Christmas Price Index grew 9.2 percent from last year, compared
with just a 1.1 percent increase in the much broader Consumer
Jim Dunigan, managing executive of investment for PNC Wealth
Management, said that's because the whimsical holiday price index
looks at a much smaller group of goods and services. Even within
the index itself, there are some goods that have seen small
increases and others that have seen larger ones, he said.
Also, gold prices are high -- which pushed the cost of five
gold rings up 30 percent to $649.95 -- as was the cost of hiring
entertainers. Not to mention the birds.
"There's no doubt that our feathered friends in general make up
a good portion of the increase," Dunigan said. The price of feed
and availability led to a 78.6 percent increase in the price of
two turtle doves, to $100, and a whopping 233 percent increase in
the cost of three french hens, to $150.
Dunigan said that higher prices aren't necessarily a bad thing.
"The good news is that the economy is improving, and we are
starting to see some pockets of price increases, as long as the
total basket is controlled," he said.
Only four of the 12 gifts in the song didn't go up in price
from last year: the pear tree ($149, not including the
partridge), four calling birds ($599.96), six geese ($150) and
the eight maids-a-milking ($58).
The most expensive item on the list was $6,294.03 to hire nine
ladies dancing, a 15 percent increase from last year. The
cheapest was $12 for one patridge, a 20 percent increase.
PNC Financial Services Group Inc. checks jewelry stores, dance
companies, pet stores and other sources to compile the list.
Some of its sources this year include the National Aviary in
Pittsburgh and the Philadelphia-based Pennsylvania Ballet
The annual index is also used in middle and high schools across
the country to teach economic trends.
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