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The nonprofits faced higher demand through the pandemic. Now, with food costs rising, their resources are stretched even further.
What’s behind the trend and how long it might last?
The Fed’s preferred means of measuring inflation jumped 0.6% in October.
Hint: Inflation and good ol’ supply chain issues play a big role.
SNAP increases went into effect in October. Inflation has grown a lot since then.
Bostic discusses inflation, employment and trying to make sure the economic recovery brings everyone along.
Some are cutting hours and reducing inventory. Others are purchasing more to get better deals from suppliers.
While prices are rising for consumers, that’s not discouraging them from making purchases.
High costs are changing how pantries distribute food.
Rising input costs do not seem to be hurting every business’ bottom line.
