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American Businesses Face Major Issues Due To Inflationary Pressure

President Joe Biden

At a glance

  • Inflation has increased the cost of raw materials, making it harder for manufacturers to obtain what they need to do business.
  • For manufacturers, increased raw material costs are the number one issue right now.
  • These heightened raw material costs have played a significant role in the recent price increases nationwide as manufacturers are struggling to survive and have to pass on some of the heightened costs to their consumers.

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