Some workers are seeing wage increases above the rate of inflation. But, overall, rising prices are outpacing rising wages.
Raw material and shipping expenses have shot up. But price hikes aren't the only way business owners can cover their costs.
Some are cutting hours and reducing inventory. Others are purchasing more to get better deals from suppliers.
Rising input costs do not seem to be hurting every business' bottom line.
There is a usually a limit on how much consumers will pay for a given product. But figuring out what that limit is not easy.