News Summary June 30, 2022
Today's Top Story: This Week in Retail: This Year's July Fourth Cookout Could be Costlier
Consumers might sweat when shopping for July Fourth festivities since this year's cookout could be costlier than in years past. According to data from the Bureau of Labor Statistics, inflation remains elevated at a multi-decade high with the index for meats, poultry, fish, and eggs rising 14.2% over the last 12 months. Seafood and beef features are neck and neck in retail buying opportunities heading into the holiday weekend. Seafood features account for 29.8% of total protein features, while beef makes up 28.8%...
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