1/30/2012

Outsourcing Prices Rise

From Gene:

It's starting to be a struggle to see what's best for consumers.

Crayola recently sent us a letter letting us know that any products they have made outside the US will now rise in price by 7.5% to 10%.

Apparently rising labor rates, raw materials and exchange rates is having a marked effect on their products. It gets to be a lengthy of products.

So first prices were held stable and the company made more profits by having product made in China. Now they have to raise prices since their costs have gone up.

The thought of jobs eventually returning to the US is heart-warming. But are consumers willing to pay more so that those jobs return?

Interesting.

We still have some "clearance" items left in our warehouse. Click on the word "clearance" on our front page to see some great values.

On a lighter note, it's Friday, so it's Fish Fry night. If you're from around the Milwaukee area you know what that means. Every restaurant offers some type of Friday Fish fry with cod, haddock or perch (my favorite). We have a restaurant near our house that offers grilled salmon. Some have whitefish.

Friday Fish Frys are to Milwaukee what gumbo is to New Orleans. Or ribs in Memphis. Something to always look forward to.

I hope my perch aren't outsourced from China.

Gene

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