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Food costs hit hard as prices continue to rise (Detroit News)

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Old 05-06-2008, 08:56 AM
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Default Food costs hit hard as prices continue to rise (Detroit News)

From time to time we like to post news articles related to fast food franchises. Here is a news article about Food costs hit hard as prices continue to rise (Detroit News)

With Detroiters already being squeezed by soaring gasoline prices, the worst food inflation since 1990 is also taking a bigger bite out of our wallets. Overall, food prices throughout the country jumped 4 percent last year, up from 2.4 percent in 2006, according to the U.S. Department of Labor. After nearly two decades of relatively low food inflation, prices for bread, milk, eggs and flour are ...

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Old 05-06-2008, 12:57 PM
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Default Re: Food costs hit hard as prices continue to rise (Detroit News)

This is horrible for the U.S. economy and all businesses, big or small. Even fast food is going to become too expensive for the average middle class family.
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