PNC publishes an annual price index of the good enumerated in the 12 Days of Christmas, discussing the costing trends of celebrating a carol-traditional Yule.
Two exceptions to this trend, however, are the swans and the calling birds, which cost significantly more this year. Unlike 2002, when swans took a significant dive in price, these graceful feathered friends have bounced back to their 2001 level of $500 a piece, up from $300 last year, according to the Philadelphia Zoo. The four calling birds are also flying high at $400, more than a 26 percent increase from last year. "The bird prices tend to be stable, except when supply and demand get out of sync, causing the prices to move dramatically," said Rebekah McCahan, investment strategist who provides the research for the Christmas Price Index. "The low inventory of calling birds and swans this year, combined with a resurgence in demand, has boosted prices — a sign of consumer confidence returning," she added. All told, the swans, geese, calling birds, French hens, turtle doves, and partridges cost over $4,100, representing about 25 percent of the overall Index.
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