Memorial Day Cookout Costs Are Crushing Wallets: Beef Up 14%, Steak Up 16%, Hot Dogs Up 11%

CNBC consumer reporter Brandon Gomez delivered the bad news to anyone hosting a backyard cookout this weekend: "Ground beef for burgers at record highs, up more than 14%. Steak also surging as well over 16%, hot dogs up nearly 11%." He went further, noting that "even the extras are more expensive cakes, cookies, nonalcoholic beverages... Memorial Day Cookout Costs Are Crushing Wallets: Beef Up 14%, Steak Up 16%, Hot Dogs Up 11%