Tariffs are impacting local businesses, declining sales

COLORADO SPRINGS, Colo. (KRDO) – Across the country, wholesale prices have increased more than expected, according to new data from the Labor Department. A local business in Colorado Springs says they are struggling to keep up.

Owners are saying that these higher prices are affecting products they have been buying for years, and to keep the doors open, they are faced with dropping customer favorites or increasing prices.

One local business owner says they’re caught in the middle, telling KRDO13 that she’s committed to keeping prices steady, even if it means absorbing the extra cost herself…

Story continues

TRENDING NOW

LATEST LOCAL NEWS