Supply & Demand

World’s biggest olive producer, Spain, on course for second bad harvest in a row, raising fears of gaps on shelves and even higher prices

Tourists visiting southern Europe amid a heat wave might question whether summer is the best time to visit.

Double feature summer begins July 21 with Oppenheimer and Barbie

"The last time this happened was a little bit at the beginning of the pandemic, and before that, it was almost unheard of."

The prolonged shortage of a certain red sauce is making the black market go wild.

“A Pennsylvania-based gas chain dropped its prices to $1.776 for the 4th of July, and economics educators now have a great clip for how price changes impact the quantity demanded #TeachEcon https://t.co/r5zhgbQmCS”

After years of declining demand, orange juice sales have hit their highest level since 2016....

“We just don’t have a peach crop,” one Peach State farmer lamented.

Is having a fruit on your license plate the new Sports Illustrated cover jinx?

The nation's largest city is gearing up to implement congestion pricing.

Georgia peaches will be missing from most produce stands this year. Peach farmers across Middle Georgia say their crop has been all but wiped out by an unusually warm winter, which caused fruit development earlier than normal, followed by a brutal cold snap in March that killed the nascent buds.

America’s top-selling beer is no longer American.

Leading processed seaweed makers plan to raise prices by up to 40%

Alternative milks remain the darling of plant-based growth but record high inflation and a deluge of innovations are slowing product movement.

Macy’s, Costco and other big chains say shoppers are pulling back at their stores and changing what they buy. That could be a red flag for the US economy.

Heat and drought in the Mediterranean are harming production of olive oil, causing its price to spike. The global price of the oil is now almost $6,000 per metric ton, according to data from the International Monetary Fund (IMF). That’s the highest since 1997, when it reached $6,225.

Fruit Roll-Ups are suddenly a hot commodity in Israel because of a viral TikTok trend combining them with ice cream.

Founded in 1920, the NBER is a private, non-profit, non-partisan organization dedicated to conducting economic research and to disseminating research findings among academics, public policy makers, and business professionals.

And things aren’t looking too good in the U.S., either.

Plant lovers’ spending is up — sometimes with unbelievable price points.

Tyson Foods' stock closed down 16.4% Monday after the company cut its sales forecast.

The company said the average daily price of renting an Airbnb has jumped 36% in the last three years.

Shares of Chipotle jumped after the company's earnings and revenue beat Wall Street's expectations.

Consumer-facing companies reported earnings increases powered by price hikes.

Consumer goods companies like P&G , Unilever and Nestle should start easing price increases as supply chain costs decline, investors told Reuters, worried that further hikes could hit market share and margin growth.

Many young people choose to pursue short-term credentials over traditional college because they see them as a quicker and a more affordable path to a good job

Worksheet – Supply and demand, Shortage, Labor market Related news articles: The labor shortage in Helsinki will deepen in the coming years (Helsinki Times, April 14, 2023), and New research delivers grim warning about ongoing nursing shortage (ABC 11, April 14, 2023) Summary: This worksheet coul...

Some families are still spending thousands of dollars per year on lifesaving medication. Policymakers are finally doing something about it.

With baseball games getting shorter, beer sales are going longer.