Inflation Forces Businesses To Raise Prices

The video discusses the impact of inflation on businesses across the U.S., focusing on a Florida restaurant. It highlights rising costs in rent, labor, and food, and how businesses are adapting by adjusting prices and using digital menus. A survey indicates that many executives expect inflation to remain high, affecting various industries. Supply chain issues contribute to inflation but are not the sole cause. The restaurant featured has increased prices but maintains a loyal customer base.

What challenges are businesses around America facing during the pandemic?

How have the prices of food and drinks changed at the Gallia St. Pete Tavern?

What strategies are businesses using to cope with rising costs?

What percentage of executives believe they will have to increase prices?

What role do supply chain problems play in the current inflation situation?