{"id":215302,"date":"2024-03-20T16:48:16","date_gmt":"2024-03-20T16:48:16","guid":{"rendered":"https:\/\/michigandigitalnews.com\/index.php\/2024\/03\/20\/wapo-in-wisconsin-a-vote-for-biden-or-trump-could-come-down-to-grocery-prices\/"},"modified":"2025-06-25T17:20:18","modified_gmt":"2025-06-25T17:20:18","slug":"wapo-in-wisconsin-a-vote-for-biden-or-trump-could-come-down-to-grocery-prices","status":"publish","type":"post","link":"https:\/\/michigandigitalnews.com\/index.php\/2024\/03\/20\/wapo-in-wisconsin-a-vote-for-biden-or-trump-could-come-down-to-grocery-prices\/","title":{"rendered":"WaPo: \u201cIn Wisconsin, a vote for Biden or Trump could come down to grocery prices\u201d"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p>That <a href=\"https:\/\/www.washingtonpost.com\/business\/2024\/03\/18\/grocery-prices-election-wisconsin-biden-trump\/\">article<\/a> prompted me to\u00a0 wondered whether Wisconsin\u2019s grocery prices had moved up faster than the Nation\u2019s. They have!<\/p>\n<blockquote>\n<div class=\"teaser-content\">\n<div class=\"wpds-c-PJLV article-body grid-center grid-body\" data-qa=\"article-body\">\n<p class=\"wpds-c-cYdRxM wpds-c-cYdRxM-iPJLV-css overrideStyles font-copy\" dir=\"null\" data-testid=\"drop-cap-letter\" data-el=\"text\">\u201cEverything is so damn high,\u201d she said, shaking her head at $3.09 bottles of Coca Cola. \u201cGood ol\u2019 Biden.\u201d<\/p>\n<\/div>\n<\/div>\n<p>\u2026<\/p>\n<div class=\"wpds-c-PJLV article-body grid-center grid-body\" data-qa=\"article-body\">\n<p class=\"wpds-c-cYdRxM wpds-c-cYdRxM-iPJLV-css overrideStyles font-copy\" dir=\"null\" data-testid=\"drop-cap-letter\" data-el=\"text\">\u201cWhen Trump was president, there wasn\u2019t inflation,\u201d she said. \u201cWe could afford food.\u201d<\/p>\n<\/div>\n<\/blockquote>\n<p dir=\"null\" data-testid=\"drop-cap-letter\" data-el=\"text\">Affording food relies on both cost and income. We can kind of observe costs \u2013 although not specifically for Wisconsin. We can see them for East North Central (Wisconsin, Michigan, Illinois, Indiana, Ohio).<\/p>\n<p dir=\"null\" data-testid=\"drop-cap-letter\" data-el=\"text\">Figure 1 shows that food at home prices in East North Central have risen more than nationally, but less than the Midwest overall.<\/p>\n<p dir=\"null\" data-testid=\"drop-cap-letter\" data-el=\"text\"><a href=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/03\/foodathome_nat_encentral.png\"><img fetchpriority=\"high\" fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-51578\" src=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/03\/foodathome_nat_encentral.png\" alt=\"\" width=\"849\" height=\"561\" srcset=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/03\/foodathome_nat_encentral.png 849w, https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/03\/foodathome_nat_encentral-300x198.png 300w, https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/03\/foodathome_nat_encentral-768x507.png 768w, https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/03\/foodathome_nat_encentral-624x412.png 624w\" sizes=\"(max-width: 849px) 100vw, 849px\"\/><\/a><\/p>\n<p dir=\"null\" data-testid=\"drop-cap-letter\" data-el=\"text\">On the other hand, the cumulative gap between food prices and overall CPI is wider than at the national level.<\/p>\n<p dir=\"null\" data-testid=\"drop-cap-letter\" data-el=\"text\"><a href=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/03\/foodathome_encentral1.png\"><img decoding=\"async\" class=\"alignnone size-full wp-image-51579\" src=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/03\/foodathome_encentral1.png\" alt=\"\" width=\"849\" height=\"561\" srcset=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/03\/foodathome_encentral1.png 849w, https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/03\/foodathome_encentral1-300x198.png 300w, https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/03\/foodathome_encentral1-768x507.png 768w, https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/03\/foodathome_encentral1-624x412.png 624w\" sizes=\"(max-width: 849px) 100vw, 849px\"\/><\/a><\/p>\n<p dir=\"null\" data-testid=\"drop-cap-letter\" data-el=\"text\">In the last quarter of 2023, the gap was about 4.5 percentage points (i.e., from 2021M01 onward, food prices had risen 4.5 percentage points more than the overall price level). At the national level the corresponding gap was about 2.5 percentage points.<\/p>\n<p dir=\"null\" data-testid=\"drop-cap-letter\" data-el=\"text\">While Wisconsinites \u2014 well East North Central Midwesterners \u2014 have seen food prices rise, as of the second half of October 2023, <a href=\"https:\/\/www.helpadvisor.com\/community-health\/cost-of-groceries-report\">Wisconsinites spent $49\/week less on groceries than the national average of $270<\/a>.<\/p>\n<p dir=\"null\" data-testid=\"drop-cap-letter\" data-el=\"text\">It\u2019s also true that wages and salaries have increased over time, as compared to 2021. Food prices relative to per capita wages and salaries were as high in 2023Q1 as in 2020Q2. While they have since recovered, they are still lower in 2023Q3 (last data available) by about 6% relative to 2019Q4.<\/p>\n<p dir=\"null\" data-testid=\"drop-cap-letter\" data-el=\"text\">Why might prices have risen faster in East North Central (and Midwest) than nationally? I thought it might be grocery store concentration, but what little research I\u2019ve seen (e.g., <a href=\"https:\/\/ageconsearch.umn.edu\/record\/335985\/files\/26495.pdf\">Cakir, et al., 2023<\/a>) indicates an association between concentration (measured by a Herfindahl index) and price level, and not rate of change.<\/p>\n<\/p><\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/econbrowser.com\/archives\/2024\/03\/wapo-in-wisconsin-a-vote-for-biden-or-trump-could-come-down-to-grocery-prices\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] That article prompted me to\u00a0 wondered whether Wisconsin\u2019s grocery prices had moved up faster than the Nation\u2019s. They have! \u201cEverything is so damn high,\u201d<\/p>\n","protected":false},"author":1,"featured_media":215303,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[155],"tags":[],"_links":{"self":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/215302"}],"collection":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/comments?post=215302"}],"version-history":[{"count":1,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/215302\/revisions"}],"predecessor-version":[{"id":335736,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/215302\/revisions\/335736"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media\/215303"}],"wp:attachment":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media?parent=215302"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/categories?post=215302"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/tags?post=215302"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}