Baby formula shortage: Out-of-stock rate hits 45% nationwide in May

The formula shortage worsened in February after Abbott Nutrition's Michigan formula plant, the largest in the U.S.,Abbott is only one of four companies, including Gerber, Perrigo and Reckitt, that produce an estimated 90% of U.S. formula.

Next week, three of those companies, Abbott, Gerber, Reckitt, are expected to testify during a congressional hearing about what’s causing the industry-wide formula shortage and what needs to be done to fix it."There’s no excuse for what’s happening all across this country right now," Colorado Democratic Rep. Diana DeGette said in a statement.

DeGette continued: "We want to know from the witnesses we hear from next week exactly what happened and how it happened; but more importantly we want to know what needs to be done to get more infant formula on the shelves as quick as possible."In the meantime, President Biden invoked the Defense Production Act to speed production of infant formula and authorized flights to import supply from overseas as part of "Operation Fly Formula.

The first of several expected flights from Europe landed in Indianapolis on Sunday carrying 78,000 pounds of formula.Brian Deese, director of the White House National Economic Council, told CNN’s "State of the Union" that people should see "more formula in stores starting as early as this week."

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