First off, what is “inflation” anyway? Economic inflation is a sustained increase in the general price level of goods and services in an economy over a period of time.

In a 2022 shopping survey conducted by Supply Chain Brain of 3,138 U.S. adults, 50% said that they did not begin holiday shopping until November.

The United States’s dependence on Ukrainian and Russian-originated neon gas, palladium, platinum, and pig iron have been highlighted as some of the most affected commodities since February 2022.

Bob Costello, chief economist and senior vice president for the American Trucking Associations (ATA) is sounding off his opinion on a “short and shallow” recession early next year.

James Pierson and Adam Andrzejewski penned an opinion piece for Newsweek on the matter, highlighting the pitfalls of the $787 billion appropriated to businesses under the Paycheck Protection Program (PPP).

Companies are still showing major interest in expanding their footsteps in the short term, mainly by obtaining warehouse space.

The Manheim Used Vehicle Value Index is a method of tracking prices of used vehicles sold at its U.S. wholesale auctions. the latest metric shows prices have fallen approximately 16% from the record-high levels in January.

The nation’s two largest ports, Los Angeles and Long Beach were home to 109 containerships queuing off the coast as recently as January of 2022.

Despite stubbornly-high inflation and slowing economic woes, the economy has added 263,000 jobs and kept the unemployment rate at a low 3.7%.

With the winter months almost upon us and thermostats being turned up a few notches, Americans can expect the prices on their natural gas bills to be on an upward trajectory.

The US average price per gallon for gasoline is now $3.47, sitting below the $3.54 price in February, prior to the invasion.

That’s the assumption of economist Mohamed El-Erian, president of Queens’ College at the University of Cambridge.

That’s the latest way Western companies are punishing Russia for its invasion of Ukraine - making way to limit its fossil fuel earnings.

Due to inflation, supply chain challenges are a top priority to deal with for these mom-and-pop shops.

Stanley Black & Decker President and CEO Don Allan has announced that the company is hoping to generate $500 million in savings by the end of 2022.

In October, the consumer price index increased 0.4% for the month and 7.7% from a year ago.

While some are concerned about UPS and FedEx shipping rate increases, it also looks like you can’t look anywhere else for lower prices.

The National Retail Federation (NRF) is now forecasting strong holiday sales despite sky-high interest rates and growing inflation - which is confounding to some.

fter hiking its benchmark interest rate by three-quarters of a point for the fourth time in a row, The Federal Reserve suggested that the next time this happens, it will be more deliberate in its rate hikes instead of taking “the standard” amount.

According to the results of a recent SAP SE survey of senior business decision-makers, more than half (52%) believe that the supply chain is in desperate need of improvement.