Predictably, St. Paul’s rent control measure is already failing
One of the most important things to remember in economics is that prices aren’t problems; they are signals, telling you what is going on with the demand and supply of…
Supplies of food and household items are 4% to 11% lower than normal as of Oct. 31, according to data from market-research firm IRI. That figure isn’t far from the bare shelves of March 2020, when supplies were down 13%.
For grocery shoppers this holiday season, it means that someone with 20 items on their list would be out of luck on two of them.
Although U.S. supermarket operators started purchasing holiday items early, aiming to avoid shortages, many holiday essentials are already in short supply
Among some items in short or out of stock are turkeys, cranberry sauce, boxes of stuffing, and refrigerated pies.
By the end of October turkeys were over 60% out of stock—lower than the same time last year by more than 30 percentage points. A spokesperson for Butterball LLC, one of the largest U.S. turkey processors, said the company has been experiencing similar labor and supply challenges as other organizations and industries.
Cans of cranberry sauce are 20% out of stock and in decline. A representative on behalf of Ocean Spray Cranberries Inc., which manufactures cranberry sauce and other fruit products, said it has been experiencing issues with materials and transportation that may result in reduced availability.
But on the bright side, aluminum foil will be much easier to find compared to last year.