Grocery Prices
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X @Bloomberg
Bloomberg· 2025-11-21 16:52
Grocery Prices & Inflation - Thanksgiving is seen as a gauge for grocery prices [1] - Americans are increasingly frustrated with the cost of living [1] Consumer Sentiment - Cost of living is a growing concern for Americans [1]
AI could be causing 'quiet time' in labor market, top Trump economic aide Hassett says
CNBC· 2025-11-17 14:52
Core Insights - Artificial intelligence is significantly increasing worker productivity, potentially leading companies to slow down hiring processes [1][2] - The U.S. GDP showed strong growth in Q2 2025, indicating positive output market signals despite a temporary softness in the labor market due to AI [2][3] - Concerns about AI replacing entry-level jobs are acknowledged, but the Trump administration has generally supported AI development [3][4] Economic Context - The Trump administration has implemented executive orders to reduce regulatory barriers and promote AI infrastructure development [4] - There is a shift in messaging from Trump and allies towards affordability, especially after recent electoral losses to Democrats focusing on this issue [5] - Grocery prices have not decreased during Trump's second term, with claims that purchasing power has increased despite rising costs during the Biden administration [5][6]
Trump lowers food tariffs aimed at reducing grocery prices
NBC News· 2025-11-15 00:45
Trade Policy Changes - The President will reduce tariffs on some imported foods to lower grocery prices [1] - The order exempts hundreds of products from reciprocal tariffs [1] - The move impacts imported agricultural products like coffee, tea, bananas, and other tropical fruits [2] - Dozens of products are listed for potential tariff adjustments, suggesting more changes could come [3] Price Trends - Grocery prices overall are up slightly, around 1% since January [2] - Ground beef prices are up 13% [2] - Orange juice prices are up 17% [2] - Beef and oranges are now exempted from tariffs [3]
X @Nick Szabo
Nick Szabo· 2025-11-01 07:15
Inflation Analysis - US grocery prices increased by 53% YoY as of July 2025 [1] - For a family spending approximately $1,000 per month or $12,000 annually on groceries, this represents an average annual increase of $636 [1] - Grocery prices in rural areas jumped 76% YoY, compared to 56% for residents of large cities [2] Regional Price Variations - Pennsylvania experienced the sharpest YoY increase in grocery prices at 82% [1] - Vermont and Maryland both saw a 70% YoY increase in grocery prices [1] - West Virginia, New Jersey, and Massachusetts recorded increases of 69%, 68%, and 66% respectively [1] Economic Impact - US consumers are still facing significant inflationary pressures [2]
Ruhle FACT-CHECKS Trump on grocery prices
MSNBC· 2025-10-17 23:23
Inflation Trends - Grocery prices are not decreasing [1] - According to August data, coffee inflation increased by more than 20% [2] - Ground beef inflation increased by more than 12% [2] - Banana inflation increased by more than 6% [2] Government Stance - The president claims grocery prices are down and inflation has been defeated [1] - The president states they are working on beef prices [2] Contributing Factors - The president's tariffs are contributing to the increased prices of imported foods like bananas and coffee [4]
X @Forbes
Forbes· 2025-10-16 13:10
Coffee prices have risen 20% since last year because of inflation and amid tariff disruptions to traditional supply lines, exemplifying a broader rise in grocery prices across the board. (Photo: Nicolas Economou/NurPhoto via Getty Images) https://t.co/QhVKJXqN84 https://t.co/QJgdkByTMt ...