Economy and Gas Prices and effect on Markets
Is anyone worried, bothered by, or concerned about how the economy will effect their markets?
I have been thinking about this for a while. I keep coming back to the same thing, Everyone has to EAT! I do not think I will sell as much Jelly this year, as some may say it is a luxury. That doesn't mean I won't try to sell it. I know I am going to have to raise my prices, but I think everyone expects that.
With the price of fuel so high, I figure I will be spending close to $75-100 a week in fuel to get to my markets. I drive to three markets about 45 miles away and the big one in my hometown. I am thinking I am going to increase my prices on my produce, but how much! Pricing is a very touchy subject.
What do others think?