Arizona families could soon be saving money on their groceries.
An amended form of SB 1063, a bill eliminating municipal food taxes, passed in the Arizona Senate on Feb. 27 and has moved onto the House for discussion. The bill is sponsored by Senate Majority Leader Sonny Borelli, R-Lake Havasu.
Walmart has launched a drone delivery service for customers in Florida, Texas and Arizona as the grocery chain expands its delivery operations.
Customers in the Dallas, Phoenix, Tampa and Orlando areas are able to have same-day delivery via drone, Walmart announced earlier this month.
Newly released polling data shows that inflation is causing most Americans to cut back at the grocery store.
Morning Consult released the survey results, which showed that 82% of American shoppers report trying to save on groceries in the last month because of inflation with more and more Americans simply buying less at the store.
Newly released federal inflation data show that prices continue to rise at the fastest rate in four decades, continuing the trend of soaring inflation.
The Bureau of Labor Statistics released its Consumer Price Index, a key indicator of inflation, which showed prices rose an additional 1.2% in March, part of an 8.5 percent spike in the past 12 months.
Americans have less money than they had last year — though taxes haven’t been raised. So what’s the problem? Inflation, which has increased at a 40-year high annual pace of 7.9%. It acts as a hidden tax because we don’t see it listed on our tax bills, but we sure see less money on our bank accounts.
In fact, inflation-adjusted average hourly earnings for private employees are down about 2.5% over the last year. This means a person with $31.60 in earnings per hour is buying 2.5% less of a grocery basket purchased just last year. “For a typical family, the inflation tax means a loss in real income of more than $1,900 per year,” stated Joel Griffin, a research fellow at The Heritage Foundation.