Almost Every Wisconsin Business Reports Problems Due to Inflation or Supply Chain Issues
Thursday, February 24th, 2022 -- 1:01 PM
(Terry Bell, WRN) Almost every business in Wisconsin reports problems due to either inflation or the supply chain.
Wisconsin Manufacturers and Commerce’s latest employer survey says nearly half of businesses in Wisconsin have seen prices rise more than ten-percent, and one-in-five have seen prices jump by more than 20-percent.
98-percent of Wisconsin businesses say inflation has driven their costs up, and 82-percent say inflation has hurt them. 93-percent report costs going up because of supply chain problems.
48-percent say they had to turn down orders, and 12-percent canceled product lines because of supply chain problems.
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