What Record 9.1% Inflation Means for Retail Brands

US Inflation has hit record highs in June 2022

Consumer prices in the US just hit their highest level of inflation since November 1981.

However, what’s unique about now vs 1981 is that the unemployment rate in 1981 was 7.4% vs today’s near record 3.6% unemployment rate. Consumers are getting squeezed by higher costs across the board — gas, housing, food — but are also coming from a year where we saw record gains in wages…

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Keith Fix

Keith Fix

Co-Founder & CEO RetailAware. Green tea addict. Friend. Foodie. Traveler. Techie.