Sen. Mike Lee visits Riverton business, discusses inflation impacts

  • 📰 fox13
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Sen. Mike Lee paid a local business owner a visit Friday to discuss the impacts of inflation on food prices.

Brandon Peterson said he wasn’t sure his family’s business in Riverton would make it through the pandemic, but now they face the challenges of labor shortages and rising prices.“Five years into that business, we were in a World War,” said Peterson. “I think we’re pretty resilient to those challenges.”

“When COVID first started and we were in the peak of pandemic buying, I was probably the most scared I have been in my life,” he said.“Inbound freight costs, fuel costs, packaging costs, all of those have increased and so we have to pass those increased costs along to consumers,” said Peterson. “It’s painful. We’re not making any more money at those higher prices.”Utah’s senior senator said a lot of the inflation has been caused by government spending.

“This wouldn’t solve all of our supply chain problems, but it would meaningfully address a whole lot of them,” said Lee.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 550. in BE

Belgique Dernières Nouvelles, Belgique Actualités