A pair of Federal Reserve regional manufacturing surveys this week illustrate how inflationary pressures continue to build as demand powers ahead and further stresses supply chains.
The Philadelphia Fed’s November gauge of costs for materials used by factories jumped to the second-highest level since 1979, while a measure of prices received by area manufacturers surged to a 47-year high. Read more- https://bloom.bg/3dh7JWl
As a result…..When planning for your retirement, make sure you factor in changes in daily cost of living expenses. We can help you make a plan!