• Disclaimer
  • Privacy Policy
  • Copyright Notice
  • Anti Spam Policy
  • Medical Disclaimer
  • DMCA Compliance
  • Terms and Conditions
  • Social Media Disclaimer
  • Amazon Affiliate disclaimer
  • Home
  • News
    • PRESS RELEASE
  • Shop
  • BUSINESS
    • CRYPTO
    • ECONOMY
    • FINANCE
    • MARKET
    • MONEY
  • TECH
    • APPS
    • GADGET
    • MOBILE
    • SCIENCE
  • SOCIAL MEDIA
  • ENTERTAINMENT
    • ARTS & THEATER
    • GAMING
    • GAMBLING
    • MOVIE
    • MUSIC
    • SHOWS
    • SPORTS
  • LIFESTYLE
    • CELEBRITY
    • CULTURE
    • Education
    • FASHION
    • FOOD
    • HEALTH
    • HISTORY
    • Nature
    • Religion
    • Shopping
    • TRAVEL
  • REAL ESTATE
  • Blog
  • Classifieds
No Result
View All Result
Advertisement
  • Home
  • News
    • PRESS RELEASE
  • Shop
  • BUSINESS
    • CRYPTO
    • ECONOMY
    • FINANCE
    • MARKET
    • MONEY
  • TECH
    • APPS
    • GADGET
    • MOBILE
    • SCIENCE
  • SOCIAL MEDIA
  • ENTERTAINMENT
    • ARTS & THEATER
    • GAMING
    • GAMBLING
    • MOVIE
    • MUSIC
    • SHOWS
    • SPORTS
  • LIFESTYLE
    • CELEBRITY
    • CULTURE
    • Education
    • FASHION
    • FOOD
    • HEALTH
    • HISTORY
    • Nature
    • Religion
    • Shopping
    • TRAVEL
  • REAL ESTATE
  • Blog
  • Classifieds
No Result
View All Result
No Result
View All Result
Home MONEY

15 Industries Most Affected by Inflation

South Dakota Digital News by South Dakota Digital News
August 6, 2022
in MONEY
0
319
SHARES
2.5k
VIEWS
Share on FacebookShare on Twitter


You Might Also Like

Top 30 Companies That Hire for Work-From-Anywhere Jobs

10 Easy Work-From-Home Jobs Hiring Now

8 Ways Flexible Jobs Can Improve Your Work-Life Balance

Man looking at inflation
Karpova / Shutterstock.com

Editor’s Note: This story originally appeared on Self.

One of the dominant economic stories of recent months has been a historic run of inflation in the U.S. economy. Nearly every segment of the economy is experiencing rapid price increases at rates not seen in decades. Rising prices are putting greater pressure on households’ and businesses’ financial states as they pay more for goods and services.

The COVID-19 pandemic set off a number of factors that have contributed to the current inflationary environment. Together, these factors have created imbalances between supply and demand, and with more money in the economy, prices have increased.

While inflation is now apparent throughout the economy, not every sector has been affected equally. To determine the industries most affected by inflation, researchers on behalf of Self calculated the one-year change in prices from March 2021 to March 2022.

The data used in this analysis is from the Bureau of Labor Statistics Producer Price Index. In the event of a tie, the industry with the greater one-month change in prices from February 2022 to March 2022 was ranked higher. Only three-digit NAICS (North American Industry Classification System) industry sectors were included in the analysis.

Here are the industries most affected by inflation.

15. Fabricated metal product manufacturing

Airplane manufacturing
Juice Flair / Shutterstock.com

One-year change in prices: +20.8%

One-month change in prices: +0.9%

Two-year change in prices: +27.0%

14. Accommodation

Jacob Lund / Shutterstock.com

One-year change in prices: +21.0%

One-month change in prices: +7.8%

Two-year change in prices: +15.9%

13. Transportation support activities

Cargo Ship
Sheila Fitzgerald / Shutterstock.com

One-year change in prices: +21.1%

One-month change in prices: -0.1%

Two-year change in prices: +26.0%

12. Plastics and rubber products manufacturing

Man putting tire on car.
sirtravelalot / Shutterstock.com

One-year change in prices: +21.1%

One-month change in prices: +1.0%

Two-year change in prices: +26.4%

11. Mining (except oil and gas)

Mark Agnor / Shutterstock.com

One-year change in prices: +21.2%

One-month change in prices: +4.9%

Two-year change in prices: +26.9%

10. Building material and garden equipment and supply dealers

Gardening products at a Costco warehouse
Pictures_n_Photos / Shutterstock.com

One-year change in prices: +22.0%

One-month change in prices: +3.1%

Two-year change in prices: +55.4%

9. Air transportation

A United Airlines airplane takes flight
Philip Pilosian / Shutterstock.com

One-year change in prices: +23.0%

One-month change in prices: +9.2%

Two-year change in prices: +10.5%

8. Wood product manufacturing

Secondhand furniture appraiser
ALPA PROD / Shutterstock.com

One-year change in prices: +24.7%

One-month change in prices: +3.4%

Two-year change in prices: +66.0%

7. Truck transportation

Courier driving a delivery truck
Drazen Zigic / Shutterstock.com

One-year change in prices: +24.8%

One-month change in prices: +6.7%

Two-year change in prices: +34.8%

6. Motor vehicle and parts dealers

Florida electric vehicle
Felix Mizioznikov / Shutterstock.com

One-year change in prices: +25.6%

One-month change in prices: +0.6%

Two-year change in prices: +36.6%

5. Furniture and home furnishings stores

Chantarat / Shutterstock.com

One-year change in prices: +25.8%

One-month change in prices: +2.1%

Two-year change in prices: +41.7%

4. Gasoline stations

Shell gas station
Vytautas Kielaitis / Shutterstock.com

One-year change in prices: +33.5%

One-month change in prices: +15.9%

Two-year change in prices: +22.5%

3. Primary metal manufacturing

Metal worker at milling machine
OtmarW / Shutterstock.com

One-year change in prices: +35.5%

One-month change in prices: -1.7%

Two-year change in prices: +69.0%

2. Petroleum and coal products manufacturing

Mark Agnor / Shutterstock.com

One-year change in prices: +58.1%

One-month change in prices: +15.8%

Two-year change in prices: +135.4%

1. Oil and gas extraction

North Dakota oil rig at sunset
BlueBarronPhoto / Shutterstock.com

One-year change in prices: +64.8%

One-month change in prices: -10.4%

Two-year change in prices: +233.3%

Methodology

Man using too much data on his phone, tablet and laptop
Bacho / Shutterstock.com

The data used in this analysis is from the Bureau of Labor Statistics Producer Price Index.

To determine the industries most affected by inflation, researchers on behalf of Self Financial calculated the one-year change in prices from March 2021 to March 2022. In the event of a tie, the industry with the greater one-month change in prices from February 2022 to March 2022 was ranked higher. Only three-digit NAICS industry sectors were included in the analysis.

Disclosure: The information you read here is always objective. However, we sometimes receive compensation when you click links within our stories.



Source link

Previous Post

When can you retire? This beginner’s guide can help you find the answer.

Next Post

Google Play Downloading Apps – Samsung Galaxy S 4 (US Cellular, SCH R970)

South Dakota Digital News

South Dakota Digital News

Related News

Top 30 Companies That Hire for Work-From-Anywhere Jobs

Top 30 Companies That Hire for Work-From-Anywhere Jobs

by South Dakota Digital News
November 17, 2023
0

Thanakorn.P / Shutterstock.comEditor's Note: This story originally appeared on FlexJobs.com. Work-from-anywhere jobs make it possible to take your career wherever...

10 Easy Work-From-Home Jobs Hiring Now

10 Easy Work-From-Home Jobs Hiring Now

by South Dakota Digital News
November 6, 2023
0

Antonio Guillem / Shutterstock.comEditor's Note: This story originally appeared on FlexJobs.com. Whether you’re struggling with burnout in your current role...

8 Ways Flexible Jobs Can Improve Your Work-Life Balance

8 Ways Flexible Jobs Can Improve Your Work-Life Balance

by South Dakota Digital News
October 26, 2023
0

Inside Creative House / Shutterstock.comEditor's Note: This story originally appeared on FlexJobs.com. Isn’t it strange that most career explorations are...

What Is the Hidden Job Market? 7 Ways to Tap In

What Is the Hidden Job Market? 7 Ways to Tap In

by South Dakota Digital News
October 15, 2023
0

Rawpixel.com / Shutterstock.comEditor's Note: This story originally appeared on FlexJobs.com. Ever felt like there’s a secret stash of job listings...

Next Post

Google Play Downloading Apps - Samsung Galaxy S 4 (US Cellular, SCH R970)

Fitbit will end support for PC syncing this fall

Fitbit will end support for PC syncing this fall

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Pierre
◉
21°
Partly Cloudy
7:53 am5:04 pm CST
Feels like: 16°F
Wind: 5mph S
Humidity: 84%
Pressure: 30.14"Hg
UV index: 0
WedThuFri
50/23°F
39/16°F
39/21°F
Weather forecast Pierre, South Dakota ▸
Soft Skills Vs. Hard Skills: What Matters More In Recruiting?
Education

Soft Skills Vs. Hard Skills: What Matters More In Recruiting?

by South Dakota Digital News
November 27, 2023
Measuring Learning: Asking The Right Questions
Education

Measuring Learning: Asking The Right Questions

by South Dakota Digital News
November 26, 2023
How To Help Your Employees Foster Learning Habits Next Year
Education

How To Help Your Employees Foster Learning Habits Next Year

by South Dakota Digital News
November 26, 2023
Employee Benefits And How They Have Evolved
Education

Employee Benefits And How They Have Evolved

by South Dakota Digital News
November 25, 2023
7 Remote Team-Building Activities For The Office Christmas Party
Education

7 Remote Team-Building Activities For The Office Christmas Party

by South Dakota Digital News
November 25, 2023
SKIMS, Fenty Beauty & More
ENTERTAINMENT

SKIMS, Fenty Beauty & More

by South Dakota Digital News
November 25, 2023
The best picks from Sony, Apple, Bose, Beats and more
GADGET

The best picks from Sony, Apple, Bose, Beats and more

by South Dakota Digital News
November 25, 2023
Is This Proofreading Course Worth It?
FINANCE

Is This Proofreading Course Worth It?

by South Dakota Digital News
November 25, 2023
Salman Khan Reprimands Munawar Faruqui and Vicky Jain
MOVIE

Salman Khan Reprimands Munawar Faruqui and Vicky Jain

by South Dakota Digital News
November 25, 2023
Get ready USA and Canada!! I’ve got some huge shows coming up this weekend🔥🔊
SHOWS

Get ready USA and Canada!! I’ve got some huge shows coming up this weekend🔥🔊

by South Dakota Digital News
November 25, 2023
Why We’re Saying “Latine” – Chicago History Museum
HISTORY

Why We’re Saying “Latine” – Chicago History Museum

by South Dakota Digital News
November 25, 2023
Content Chunking: Enhancing Retention Ιn Bite-Sized Learning
Education

Content Chunking: Enhancing Retention Ιn Bite-Sized Learning

by South Dakota Digital News
November 24, 2023
A Guide To Thanksgiving For Remote Teams
Education

A Guide To Thanksgiving For Remote Teams

by South Dakota Digital News
November 24, 2023

About

South Dakota Digital News

Categories

  • APPS
  • ARTS & THEATER
  • BUSINESS
  • CELEBRITY
  • CRYPTO
  • CULTURE
  • ECONOMY
  • Education
  • ENTERTAINMENT
  • FASHION
  • FINANCE
  • FOOD
  • GADGET
  • Gambling
  • GAMING
  • HEALTH
  • HISTORY
  • LIFESTYLE
  • MARKET
  • MOBILE
  • MONEY
  • MOVIE
  • MUSIC
  • Nature
  • News
  • PRESS RELEASE
  • REAL ESTATE
  • Religion
  • SCIENCE
  • Shopping
  • SHOWS
  • SPORTS
  • TECH
  • TRAVEL
Education

Soft Skills Vs. Hard Skills: What Matters More In Recruiting?

November 27, 2023
Education

Measuring Learning: Asking The Right Questions

November 26, 2023
Education

How To Help Your Employees Foster Learning Habits Next Year

November 26, 2023
  • Disclaimer
  • Privacy Policy
  • Copyright Notice
  • Anti Spam Policy
  • Medical Disclaimer
  • DMCA Compliance
  • Terms and Conditions
  • Social Media Disclaimer
  • Amazon Affiliate disclaimer

© 2023 Southdakotadigitalnews.com

No Result
View All Result
  • Home
  • News
    • PRESS RELEASE
  • Shop
  • BUSINESS
    • CRYPTO
    • ECONOMY
    • FINANCE
    • MARKET
    • MONEY
  • TECH
    • APPS
    • GADGET
    • MOBILE
    • SCIENCE
  • SOCIAL MEDIA
  • ENTERTAINMENT
    • ARTS & THEATER
    • GAMING
    • GAMBLING
    • MOVIE
    • MUSIC
    • SHOWS
    • SPORTS
  • LIFESTYLE
    • CELEBRITY
    • CULTURE
    • Education
    • FASHION
    • FOOD
    • HEALTH
    • HISTORY
    • Nature
    • Religion
    • Shopping
    • TRAVEL
  • REAL ESTATE
  • Blog
  • Classifieds

© 2023 Southdakotadigitalnews.com