When adjusted for inflation, the 2024 federal minimum wage in the United States is over 40 percent lower than the minimum wage in 1970. Although the real dollar minimum wage in 1970 was only 1.60 U.S. dollars, when expressed in nominal 2024 dollars this increases to 13.05 U.S. dollars. This is a significant difference from the federal minimum wage in 2024 of 7.25 U.S. dollars.
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Graph and download economic data for Consumer Price Index for All Urban Consumers: Used Cars and Trucks in U.S. City Average (CUSR0000SETA02) from Jan 1953 to Feb 2025 about used, trucks, vehicles, urban, consumer, CPI, inflation, price index, indexes, price, and USA.
In 2024, the retail price for a dozen eggs in the United States was 4.15 U.S. dollars. Egg prices in the United States peaked in this year. Previously, the highest average price was in 2015, when a dozen eggs cost 2.75 U.S. dollars on average. U.S. egg production The United States was one of the leading producers of eggs in the world in 2021, ranking fourth behind China, India, and Indonesia. In that year, approximately 110.7 billion eggs were produced in the United States. There are two main categories that farm chickens fall into: broiler chickens and laying hens. The first are raised for meat and the second are raised for laying eggs. The U.S. state with the most laying hens is Iowa, with about 40.2 million in 2022. Some of the other top egg producing states include Ohio, Indiana, and Pennsylvania. Egg retail in the United States Perhaps because eggs are uniform in taste and appearance and most consumers cannot tell one brand of chicken egg apart from another, private label eggs have the highest sales among fresh egg brands in the United States. Eggland’s Best is the leading name brand of fresh eggs in the United States, with sales of 274.55 million U.S. dollars in 2023. The amount that U.S. consumer units spend on eggs varies from region to region. In 2021, consumers in the Western United States spent an average of about 107 U.S. dollars on eggs over the course of the year. The Midwestern United States had the lowest average expenditure on eggs in that year.
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When adjusted for inflation, the 2024 federal minimum wage in the United States is over 40 percent lower than the minimum wage in 1970. Although the real dollar minimum wage in 1970 was only 1.60 U.S. dollars, when expressed in nominal 2024 dollars this increases to 13.05 U.S. dollars. This is a significant difference from the federal minimum wage in 2024 of 7.25 U.S. dollars.