TERRE HAUTE, Ind. (WTHI) – While inflation is hurting many of you at home, it is also making it much harder for businesses across the Wabash Valley.
Grand Traverse Pie Company in Terre Haute has been open for about 15 years.
General Manager Stephen Huddleston said he has not seen an economic situation like this since they opened.
These past six months to a year have been unlike Huddleston has ever seen.
Prices keep rising, which has made it difficult to keep up with worker wages and food prices.
“Everything keeps going up and up and up, and every time something goes up, and anytime something goes up, employees’ wages aren’t going up,” Huddleston said.
This can put companies like Huddleston’s in a challenging situation.
Local economists like Indiana State economics professor Dr. Robert Guell say it can lead to…
