American Businesses Face Major Issues Due To Inflationary Pressure
View Source | July 14, 2022 3:07 pm
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- Inflation has increased the cost of raw materials, making it harder for manufacturers to obtain what they need to do business.
- For manufacturers, increased raw material costs are the number one issue right now.
- These heightened raw material costs have played a significant role in the recent price increases nationwide as manufacturers are struggling to survive and have to pass on some of the heightened costs to their consumers.
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