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U.S. Manufacturers Battered by Third Month of Biden Inflation
breitbart ^ | 06/15/2021 | John Carney

Posted on 06/16/2021 8:12:26 AM PDT by ChicagoConservative27

The U.S. manufacturing sector is getting battered by high levels of inflation of the costs of inputs that businesses are struggling to pass on to consumers.

The prices of materials and components used by manufacturers rose in May by 2.4 percent compared with April, a blazing hot level of inflation rarely experienced before the current bout of rising prices.

(Excerpt) Read more at breitbart.com ...


TOPICS: Business/Economy; Government; News/Current Events; Your Opinion/Questions
KEYWORDS: battered; biden; bidenflation; bidenomics; economy; inflation; manufacturers; manufacturing
This is what you get when a couple can make 100,000 dollars sitting at home collecting funny money.
1 posted on 06/16/2021 8:12:26 AM PDT by ChicagoConservative27
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To: ChicagoConservative27

I like it…Bidenflation.


2 posted on 06/16/2021 8:20:58 AM PDT by EEGator
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To: ChicagoConservative27

Basic raw materials prices are crazy. Distributors will not honor price quotes for more than a few days. We’ve seen this before during the Obama years. But I expect that under Biden we’re going to be dealing with it for years, not months.


3 posted on 06/16/2021 8:24:54 AM PDT by Tallguy
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To: EEGator

Spread it far and wide


4 posted on 06/16/2021 8:32:42 AM PDT by headstamp 2 (Socialism- Institutionalized Deprivation)
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To: ChicagoConservative27

Temporary and Transitory.
We promise.
Just for two weeks so we can flatten the curve.


5 posted on 06/16/2021 8:41:25 AM PDT by ZOOKER (Until further notice the /s is implied...)
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To: ZOOKER

And they kept their word…


6 posted on 06/16/2021 9:04:33 AM PDT by EEGator
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To: ChicagoConservative27

You know, that gives me a thought: Biden has promised to tax the soul out of everyone making over a certain amount. What if, due to inflation, a lot more people were suddenly making that amount? why, he’d only be keeping a promise


7 posted on 06/16/2021 9:37:55 AM PDT by ferret_airlift
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To: EEGator

Biden does not understand or comprehend inflation. His mind does not work.


8 posted on 06/16/2021 12:19:06 PM PDT by FreedBird (T)
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To: ChicagoConservative27

Don’t worry, we won’t run out of money. they are printing it like crazy.


9 posted on 06/16/2021 2:55:28 PM PDT by eyeamok (founded in cynicism, wrapped in sarcasm)
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