October 28, 2022

Report: Prices for Most Goods Rose 6.2% in Sept.

Prices climbed about 6.2% last month compared to a year earlier, the same rate as in August, according to the Commerce Department.

While sales increased over 3Q 2021, net income decreased to $2.9 billion, or $0.28 per diluted share, Amazon said.

Sales growth was slower than in 2Q, but Grainger remains on pace to finish 2022 strong.

Jerrel Flatt recently worked for Apex Tool Group, LLC and prior with Colony Hardware, Werner Co. and Newell Rubbermaid.