August 14, 2019 Sources: Jeff Cox, CNBC Sources: Jeffry Bartash, MarketWatch Increases in the cost of living hit American households in July. According to the Bureau of Labor Statistics, consumer costs rose for goods and services across the entire economy, including energy, medical care, and apparel. The Consumer Price Index rose 0.3%, which was …
Tag: costs
Driver Shortage Pushing Up Consumer Prices
Shipping costs have skyrocketed in 2018. This signals a strong U.S. economy. But these higher costs, coupled with the ongoing driver shortage, are pushing up the price of consumer goods. Consumers Feeling The Pinch Amazon has raised the cost of its Prime program by 20% to compensate for the extra cost of delivering items …