’12 Days of Christmas’ cost breakdown

The Street

TheStreet’s Conway Gittens brings you the biggest news of the day, including what investors are watching and the true cost of the ’12 Days of Christmas.’

Transcript

00:00I'm Conway Ginns reporting from the New York Stock Exchange.

00:02Here's what we're watching on the street today.

00:05Stocks ended Monday session close to where they began.

00:08New data show Americans are feeling less confident in December.

00:11The Conference Board's Consumer Confidence Index surprisingly dropped for the first time

00:16in three months.

00:17According to the survey, the positive euphoria over an incoming Trump administration is wearing

00:23off.

00:25In other news, on the 12th day of Christmas, true lovers everywhere received a higher bill.

00:32That's right, the items in the holiday favorite, 12 Days of Christmas, are collectively up

00:375.4% in 2024 compared to 2023.

00:41The annual holiday price list is compiled by PNC Bank.

00:44It is based on figures from the government's Consumer Price Index, which, by the way, was

00:49only up 2.7% in November.

00:51Mimicking the real world, prices for services are running hotter than things you can touch.

00:57Thanks to the rising cost of human labor, 10 Lords a Leaping are the most expensive

01:02at $15,579.65 for the group.

01:07The biggest price jump, however, is for the 11 Pipers Piping and 12 Drummers Drumming.

01:13Both are up 15.8% from a year ago.

01:16The next biggest price jump comes from six geese a-laying.

01:20You can blame bird flu for that.

01:22That price tag jumped 15.4%, totaling $900.

01:27Inflation isn't flying away with every bird.

01:29The price for seven swans a-swimming held steady, but it remained the second most expensive

01:35gift on the list.

01:36The swans will set you back $13,125.

01:41Who knew swans were so expensive?

01:43As for the other gifts that didn't see inflation this year, eight milking maids, four calling

01:48birds, two turtle doves, and oh yeah, that partridge is the same price.

01:52But that pear tree is 17.1% more expensive at $350.

01:58According to PNC, the so-called true cost of buying all the gifts in the song totals

02:02more than $209,000 if you bought them in-store and nearly $247,000 online when you throw

02:10in shipping costs.

02:12And that'll do it for your daily briefing from the New York Stock Exchange.

02:15I'm Conway Gittens with the Street.

02:18Thanks for watching.

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