In 2023, California was the largest agriculture producing state in the US. The state produces approximately one-third of the US’s vegetables and three-quarters of the nation’s fruits and nuts. However,…
Photo by Omid Armin on Unsplash The intersection of supply and demand is perhaps one of the most basic elements of economic theory, and for disappointed Swifties, now likely a…
Image by Jose Conejo Saenz from Pixabay The COVID-19 pandemic from mid-March 2020 caused massive lockdown of chip producing companies for months. And now, two and a half years later,…
Image by David Mark from Pixabay The shutdown of the U.S. economy during the beginning of the COVID-19 pandemic in mid-March 2020 brought about loss of income especially for workers…
Photo by Kelly Sikkema on Unsplash Events leading up to the current baby formula crisis is summarized in the CNBC video released on June 15th 2022: In February 2022, the…
Shelves emptied of toilet paper, due to panic buying The wholesaler company, Costco, started limiting the number of bundled toilet paper-rolls each membership cardholder could buy per visit recently, in…
Car Doors Industry Factory Store Kelly Blue Book reported that Americans purchased a new car in July 2021 for an average of $42,736 versus $39,513 in July 2020. One of…
The tragic and unexpected death of Kobe Bryant has caused a large spike in demand for his autographed and game-worn memorabilia. Some collectors are choosing to hold on to their…
In early December 2019, media outlets across the US warned of a potential French fry shortage in 2020. These warnings came after the US Department of Agriculture estimated that the…
