Craig Austin

Craig Austin

Craig Austin is assistant teaching professor of logistics and supply chain management at Florida International University.

A shopper carrying multiple bags on the sidewalk

Commentary: Why higher prices are the new normal

By: - November 15, 2021

Consumer prices soared in October and are now up 6.2 percent from a year earlier – higher than most economists’ estimates and the fastest increase in more than three decades. At this point, that may be no surprise to most Americans, who are seeing higher prices while shopping for shoes and steaks, dining at restaurants, […]