Americans are expecting their Fourth of July to be back to normal this year, but there may be an issue with one part of the celebration – Fireworks.
Phantom Fireworks, the nation's largest consumer-based retail fireworks company, is warning customers of a potential fireworks shortage this year. This would be the second year in a row of such a shortage. There was a similar shortage last year after COVID-19 canceled public fireworks displays, leading to skyrocketing sales to families wanting to put on their own displays.
Phantom Fireworks is urging folks to shop early for their fireworks supplies this year, noting that supply chains are facing slower turnarounds due to slow global shipments. To accommodate the rush in shoppers they’ve extended hours in their 80 stores around the country and brought in additional staff.
Source: USA Today
Oh yeah and one other thing… not a shortage of pizza or wings, but price hikes are coming. The restaurant industry is looking at rising prices of ingredients -- and might have to raise their prices as well. Restaurants are also dealing with a shortage of workers, which is pushing up wages as well. Because of all this, prices of chicken wings and pizzas might jump 10%. Soon.
Source: Business Insider