Gifts and food are costing Americans more this holiday season. Holiday decorations are costing more, too, with some Christmas trees selling for over $100.
Gary Thomas, who has a sprawling farm near the Pennsylvania-Maryland border, is one of the farmers who has had to raise the price of trees this year — charging more than $100 for one of his finest.
He said he has had to pay more to keep workers in a competitive labor market, and that his supply prices are spiking.He has worried about what customers will think of his price hikes. "When I went to this year's price, I thought, 'How much resistance am I gonna get? How many complaints am I gonna get? How many Google reviews are gonna say I charge too much?'"
Christmas tree prices had been expected to increase between 5% and 15% this year compared to last year, the Real Christmas Tree Board, a promotion and research organization that is funded by North American Christmas tree growers.Kathy Brown, who operates an all-year Christmas store in St. Michaels, Maryland, said she has been impacted by shipping costs. Surcharges and fuel costs are making it pricier to ship merchandise in, and also to ship it out.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Inflation raises Christmas costs, with some trees selling for over $100Christmas tree prices had been expected to increase between 5% and 15% this year compared to last year, according to the Real Christmas Tree Board.
Read more »
Get a $100 credit for PACC's pet store for adopting a large dogPACC took in 131 dog and 46 cats the weekend of Dec. 10 and is asking potential adopters, fosters and rescuers to consider taking home a pet as the shelter nears capacity once again.
Read more »
PolitiFact - Corporate profits do not drive inflation, but inflation boosts company profitsThis year, as inflation hit 40-year highs, some lawmakers suggested that high corporate profits have been driving inflation. But economists say that’s backward: Inflation, for now, is boosting corporate profits.
Read more »
Best gifts for holiday exchanges, organized by budgetOur favourite holiday exchange gifts under $20, $30, $50 and $100
Read more »
My Husband Budgeted $100 Total for All of His Christmas Gifts… What?Dear Pay Dirt: What is the point if we can’t be generous sometimes?
Read more »