Wellness Department -
On the Twelfth Day of Wellness...12 Days of Wellness
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For the 12th day of Wellness, we're going to look at the "inspiration" for the name of this e-program. The PNC Christmas Price Index® shows the current cost for one set of each of the gifts given in the song "The Twelve Days of Christmas." It began 28 years ago when the chief economist at PNC Bank decided to figure out how much it would cost to buy each of the gifts. Little did he know, he was starting an economic tradition that continues to this day.The PNC Christmas Price Index® is similar to the Consumer Price Index, which measures changes in prices of goods and services like housing, food, clothing, transportation, and
more that reflect the spending habits of the average American.
The goods and services in the PNC Christmas Price Index® are far more whimsical. And most years, the price changes closely mirror those in the Consumer Price Index. It's a fun way to measure consumer spending and trends in the economy. So even if "pipers piping" or "geese a-laying" didn't make your gift list, you can still learn a lot by checking out how their prices have gone up and down over the years.
Source: http://content.pncmc.com/live/pnc/microsite/CPI/2011/index.html#about/the_index
Activity for Today:
Visit PNC Christmas Price Index Express 2011, a fun interactive website, that explains how much everything costs for the gifts listed in "The 12 Days of Christmas."
- How much would the gifts cost in today's dollars if you received all of the gifts in the song "The Twelve Days of Christmas?
- How many total gifts are given in the song?
Mark on your Calendar : List the two answers for the questions above.
Return to the 12 Days of Wellness 2011 Home Page
