Laundry detergent, gas, cars: Inflation, supply chain snags send prices for everyday items soaring

  • 📰 ABC7
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 68%

United States Headlines News

United States Latest News,United States Headlines

Orange juice. Laundry detergent. Cars. Here's a look at what's getting more expensive.

U.S. Transportation Secretary Pete Buttigieg toured the ports of LA and Long Beach on Tuesday.

The company attributed the price increase to cost pressures, including transportation, labor and the commodities it uses to manufacture its products. The US producer price index, a gauge for prices manufacturers are paying, rose 9.7% last year.Prices at the pump are rising again. Crude oil climbed above $81 for the first time in two months, and gasoline prices are creeping back up.

Since Monday, the national average for a gallon of regular gasoline increased by a penny to $3.32 Thursday, according to AAA. On Friday it reached an average of $3.326.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Everything!

Biden is worst President ever

Bidenflation OLSONHOMES

National average for gas is $3.32? Our governor in California should be ashamed at this. We pay $1.50+ more. We have the ports AND the refineries. Shameful.

EVERYTHING…………THANKS JOE!!!!

I bet all of the companies raising prices also had huge profits and massive layoffs but I'm sure that has nothing to do with it, must be the poor ppl asking for more money

Why don't you talk about what's great?

Chipotle and Mcdonalds currently have higher profit margins then Apple. That is insane! They can do this because we let them and the demand for that food is there. So we dont get to complain about higher prices when we pay $10 for a burrito or big mac combo .

Well at least we have no more mean tweets 🥴

These knuckleheads can’t figure it out. We F’d up. We have 3 more years of this💩

LetsGoBrandon

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 67. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Intel Plans $20 Billion Factory in Ohio to Help Chip ShortageThe chip shortage has forced tech companies to re-evaluate their overseas supply chains. Fully Automated.. *whew* I thought that said “incel” at first. Last thing Ohio needs is $20B in incels. Oh good, so cryptomining and scalpers will have even more stock to exploit...
Source: Gizmodo - 🏆 556. / 51 Read more »

President Biden Delivers Remarks on Semiconductor Manufacturing in the United States'These chips helped power NASA’s mission to the Moon.' Earlier today, POTUS spoke about how taxpayer-funded research & development is important not just for exploration, but everyday life. There's space tech in cars, medical equipment, even our phones. POTUS neurolink POTUS Parece um navio! POTUS Yeah cool, just remember next time to tell stupid people why is American flag 'Waving' because flat-earthers use that as their... Arguments (?), Cool Pic tho 💜
Source: NASA - 🏆 672. / 51 Read more »

Volatility of lumber prices hits high not seen since end of World War II — why home buyers should be concernedFluctuations in the prices of building supplies are complicating construction of new homes. Because it’ll cost a lot more to build houses or switch to more expensive wood alternatives? Just spitballing here.
Source: MarketWatch - 🏆 3. / 97 Read more »

Here's what you need to know about increasing used car pricesAs gas and used car prices increase in 2022, should consumers buy new cars for sale? Carlotz CEO Michael Bor joined ABC7 to discuss. More 'avant-garde journalism' from ABC7.... Posted for the 5th time. Let it GO.
Source: ABC7Chicago - 🏆 284. / 63 Read more »

Arlington Small Business Struggles to Stay Open Through COVID-19 and Supply Chain IssuesNo one may be hoping the end to the coronavirus pandemic is near more than small business owners.
Source: NBCDFW - 🏆 288. / 63 Read more »