Christmas trees will be facing shortages this year, and the ones available will be priced higher as Americans go through an inflation-hit holiday season, along with supply chain shortages and the looming threat of Omicron CCP virus variant. Industry experts recommend customers start buying their trees—real or artificial—earlier this season, and expect to pay 10 to 30 percent more than last year because of less stock and selection, according to a Newsday report. “Some of the major retailers say they have about 43 percent of their inventory right now when it should be closer to 70 percent at this time of the year,” Jami Warner, executive director of the American Christmas Tree Association, told Newsday. Other than supply chain issues, the reasons for an increase in prices include the $1.2 trillion in savings Americans are sitting on, which most of them intend to spend on sprucing up their homes for …
Christmas Trees Will Cost Up To 30 Percent More This Year
December 2, 2021
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Business & EconomyChristmas treeeconomyGlobal supply chain disruptioninflationSocial IssuesUSus inflation issue
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