Word: consumerized
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Consumers have so far been mostly shielded from the rises for a couple of reasons. There has been little rise in workers' wages, which has kept overall manufacturing costs down, and companies have absorbed higher costs to keep their goods affordable in the jobless recovery. But new jobs are finally...
Inflation is back. the government confirmed it last week, saying that consumer prices in March surged at an annualized rate of 6.2%. The news took a toll on the markets: interest rates jumped, stocks slumped. But it's hard to know why anyone was surprised. Before the announcement, prices for...
In a surprise development, the government reported last week that consumer prices jumped 0.5% in March, or 6.2% on an annual basis, reminding us of the days when double-digit inflation had everyone clipping grocery coupons. In case you don't remember, here's a quick refresher on what inflation...
Yes. Technically, it never went away. Consumer prices creep up a bit every year. But for the past couple of decades the annual rate hike has been falling--to just 1.7% in the past 12 months. Now the rate of increase is rising. It should exceed 2% this year and...
"We really didn't know how complicated it was going to get," says Glenda. This year they are projecting about $500,000 in revenue, but their best reward might be seeing the salsa move into the hands of the consumer. "We were in a Kroger store recently by our display...