How Inflation and Tangled Supply Lines Are Gripping Economy

How Inflation and Tangled Supply Lines Are Gripping Economy
A selection of beef cuts is displayed at a Publix Supermarket in Miami on Oct. 20, 2021. Marta Lavandier/AP Photo
The Associated Press
Updated:

WASHINGTON—Since the pandemic erupted two years ago, Forest Ramsey and his wife, Kelly, have held the line on prices at their gourmet chocolate shop in Louisville, Kentucky. Now, they’re about to throw in the towel.

In the past year, the costs of ingredients for their business, Art Eatables, have surged between 10 percent and 50 percent. The Ramseys are paying their employees 30 percent more than they did before the pandemic.