inflation

Casey’s latest ‘greedflation’ report zeroes in on price increases for Thanksgiving staples

BY: - November 20, 2023

U.S. Sen. Bob Casey (D-Pa.) released a new “greedflation” report in time for Thanksgiving that examines the ways the items Americans buy for their holiday meals are made more expensive by food and agriculture businesses.  The “Stuffing their Pockets” report, based on government data and companies’ financial reports, finds that turkey prices have fallen this […]

Customers shop for fresh fruits and vegetables at Campbell’s Market, April 24, 2023, in McArthur, Ohio. Campbell’s has worked to provide healthy food options to the McArthur community. (Photo by Graham Stokes for the Ohio Capital Journal).

New report from Sen. Bob Casey outlines impact of ‘greedflation’

BY: - November 8, 2023

The 16-page report is based on research from the Federal Reserve that found “corporate profits contributed a large percentage to inflation in the first year and contributed much less in the second” after the pandemic. 

Consumers seeing relief in some food prices as inflation continues to slow

BY: - August 11, 2023

Consumers are getting some relief from higher prices as core inflation, which excludes food and energy, continues to show signs of cooling — an encouraging sign for the U.S. economy, according to economists. The Department of Labor’s report on Thursday showed the consumer price index rose 0.2% in July, in line with expectations, and 3.2% […]

Cartons of eggs are seen for sale in a Sprouts Farmers Market on 8/15/22 in Houston, Texas. Egg prices steadily climb in the U.S. as inflation continues impacting grocery stores nationwide. (Photo by Brandon Bell/Getty Images).

Wage growth remains high, jobs are steady and inflation is falling so why are people worried?

BY: - June 25, 2023

'The technical term for the type of economy that we’re in now is weird,' University of South Carolina economist William Hauk said.

Pa. food policy council aims to improve food security, accessibility

BY: - June 1, 2023

The Pennsylvania Food Policy Council was created by an executive order from former Gov. Tom Wolf in December 2022 in the wake of soaring food prices and the dissolution of pandemic-era nutrition programs.

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Inflation hasn’t increased U.S. food insecurity overall, according to our new tracker | Analysis

BY: - January 27, 2023

Over the course of 2022, between 11% and 15% of those living in the U.S. struggled with securing their next meal.

Cartons of eggs are seen for sale in a Sprouts Farmers Market on 8/15/22 in Houston, Texas. Egg prices steadily climb in the U.S. as inflation continues impacting grocery stores nationwide. (Photo by Brandon Bell/Getty Images).

As prices rise, some states are putting grocery taxes on ice | Analysis

BY: - January 19, 2023

At least five of the 13 states where groceries were taxed as of last Jan. 1 passed laws to reduce, eliminate or ease the pinch.

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From two economists: A look ahead at the economy for 2023 | Analysis

BY: - December 26, 2022

Inflation, unemployment, the housing crisis and a possible recession? What's next for the New Year?

Inflation is hitting Pa. Latinos hard — and they’ll vote that way | Friday Morning Coffee

BY: - November 4, 2022

It’s safe to say that just about every Pennsylvania family is feeling inflation’s pinch this midterm campaign season. But the commonwealth’s Latino voters, a key bloc that’s growing in both size and political clout, are feeling it more than most. And they’re going to vote that way. That was the bottom line Thursday from a trio of […]

The Fed raises interest rates again, signals more coming despite pressure to slow the pace

BY: - November 3, 2022

The Federal Reserve announced on Wednesday that in its continuing efforts to tamp down inflation, it would raise interest rates yet again by another three-quarters of a point to a target range of 3.75 to 4 percent. Federal Reserve Chairperson Jerome Powell said during a press conference following the announcement that the “historically fast pace” […]

Farmers, business owners discuss rising food production costs, inflation in Lancaster Co.

BY: - August 24, 2022

To combat the rising costs, Smucker said his business has had to get creative and find ways to be more efficient, including by decreasing company waste and researching market pricing.