Declining Food Costs Linked to Drop in Producer Price Index
The price of food surged over the last year but there is a sliver hope that rates could be on the downswing. Marty Cantor, CPA and economic development consultant, joined Cheddar News to provide some insights into declining food prices and whether or not consumers should expect them to climb again. "A big component of the producer price index is gasoline -- transportation -- but that's coming down. But that could turn around because oil prices are now up," he said. "The producer price index is the final prices for goods and services that a retailer will have to pay and then the retailer, in turn, will put their profit margin on it and sell it to you as a consumer and that's the consumer price index."
Georgie Dickins, founder of Women in Leadership Global and author of ‘Leading with Impact,’ shares thoughts on women in business and how to cultivate a supportive community.
Gregory Daco, chief economist at EY and Jordan Shapiro, senior managing director at Bachrach Group, break down February’s jobs report and what it means for workers.
Linda Moore, president and CEO of Technet, explains why the U.S. should be a leader in A.I., plus why deepfakes and misinformation could be a concern during the election season.
Steve Preston, president and CEO of Goodwill Industries International, shares how the organization’s programs have helped over 2 million people develop their tech skills.
Box office analyst Shawn Robbins breaks down how the theater business is faring as two of 2023’s biggest movies are on their way to the Academy Awards.
