1. Looming Price Hikes on Food Set to Hit Americans This Fall

    Looming Price Hikes on Food Set to Hit Americans This Fall

    In its effort to contain inflation , the Federal Reserve has launched what many expect to be an ongoing series of interest rate increases, which are already taking a toll on stock and housing markets, with job losses likely to follow. As weary as Americans have become from paying record high gas and grocery prices, however, another round of price hikes is making its way through the food supply chain and is expected to reach consumers this fall.

    Read Full Article
  1. Beacon Promotional Product Web Store

     

    Click on the picture to go to our web store and find out special of the day.  You can also contact us with any questions.  Email us at:  Sales@Beacon-SM.com

     

  2. BLN Newsletter Supporters:

     

     

    Consulting and Outsourcing, Business development for our clients.

    Beacon now also offers thousands of Promotional Products with your logo.

    We provide our clients with qualified leads.

     

  3. Robert Williams Leading CPA in OC, CA.

  4. Independent Insurance

    health, Life, Medicare, Long Term Care, Disability & Retirement Planning

  5. Quotes

    1. Usually, what we see on the farm, the consumer doesn't see for another 18 months.
    2. They have no electric trucks delivering that food and there are no electric tractors.
    3. When you look at the machinery that uses diesel, it's farm equipment, it's railroads, and it's truckers.
    4. That surge in food and energy costs is very demand-destructive for U.S. households.
    5. Energy is a very capital-intensive business, and we're basically down to about half the level of cap-ex within energy that we had a couple years ago.
    6. We think the risks are skewed towards a much more significant recession, as inflation proves more persistent than is generally expected … the moves from the Fed currently envisioned by markets will be too slow to restrain inflation.
    7. A mild recession would be a relatively small increase in the unemployment rate.
    8. If you want to address the inflation problem, you do it through the painful way of Federal Reserve action and higher interest rates and borrowing costs.
    9. Lower the fuel prices. It will save the middle-class people. It will help them when it comes to buying food.
  6. Topics Mentioned

  7. Authors

  8. Categories

    1. Balanced Living:

      BLN Blogs, Financial, Good News, Lighter Side of Life, Mental, Physical, Social, Spiritual
    2. Communities:

      Bike, Business, High Tech