A new report from the Federal Reserve Bank of Dallas out this week confirmed that an astounding 50.5% of manufacturers had raised prices on finished goods this October. This contrasts with the just 0.7% who lowered prices.
The blame belongs squarely on the Biden administration, according to analysis by Breitbart .
One chemicals manufacturing executive told the outlet: “Fiscal policy by the government is continuing to create supply-chain concerns and leading to increased raw materials prices along with lower customer confidence for finished goods, which is severely weakening the forecast for the long-term viability of the U.S. economy. The potential for […]
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