Sriracha sauce is facing supply shortages, squeezing restaurants
A drought in Mexico last year caused an "unprecedented" supply crunch for the hot pepper sauce, its maker said.
Watch CBS News
A drought in Mexico last year caused an "unprecedented" supply crunch for the hot pepper sauce, its maker said.
Economists say high fertilizer prices may have an impact on the global food supply.
Maryland's grocery stores are struggling to keep products on their shelves as well as workers amid the surge in Omicron and ongoing supply chain issues.
Shoppers are now flocking to stores to take back holiday gifts, but some are finding that returns are a little bit different this year.
According to Mitch Allen, the founder of Hire Santa, the company is down about 10% of their entertainers available for this year.
The supply chain is the series of steps that brings a product to a customer, but bottlenecks across the entire network are creating shortages, delays and higher prices.
"It's way too soon to tell. But I do worry, because we know people are afraid to go to work," Raimondo told CNN during an interview at her Washington office.
The USPS and FedEx have a shipping deadline of December 15 for packages to arrive by Christmas Day. UPS did not set a deadline yet, but they want everyone to ship as early as possible.
Seventeen percent of shoppers said they planned to shop at different retailers if prices continued to rise, according to a survey of more than 14,000 shoppers conducted online in September by consumer research firm Numerator.
iPhone 13s, gaming consoles, Christmas lights and turkeys have all been caught up in the global snarl.
President Joe Biden visited the Port of Baltimore Wednesday touting the trillion dollar infrastructure bill.
You've probably realized that shopping for food and household basics is more expensive these days. Expect to keep paying more for groceries in 2022.
The supply chain is the series of steps that brings a product to a customer, but bottlenecks across the entire network are creating shortages, delays and higher prices.
Biden, who consulted with the CEOs of Walmart, Target, FedEx and UPS on Tuesday, plans to emphasize that these investments are part of a national effort to relieve supply chain bottlenecks in ways that can aid broader growth.
From the turkey and all the fixings to the pies for dessert, everything is more expensive this year. It could actually be the most expensive Thanksgiving meal ever.
Extensive slowdowns all along the supply chain are keeping consumers from buying what they want when they want, suggesting broader problems across the economy.
Traffic at the Port of Baltimore was backed up for hours Tuesday.
The biggest problem putting a damper on early celebrations: the ongoing supply chain crisis.
Whether it's groceries, cars or clothes, products are getting backed up in ports on the coast because there are no truck drivers to pick them up and take them to their destination, threatening a crisis going into the holiday season.
Shortages and higher prices could remain common, as companies struggle with their supply chains and try to predict post-COVID demand during a surge in spending.
