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The New Normal: Why are new and used car prices soaring?

News 12’s Rich Barrabi speaks to CPA and economic development consultant Marty Cantor about what's driving the prices.

News 12 Staff

Jul 7, 2022, 2:56 PM

Updated 714 days ago

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News 12’s Rich Barrabi speaks to CPA and economic development consultant Marty Cantor about what's driving the prices.
Today's jobs report shows 235,000 people have filed for new unemployment benefits.
Is Cantor concerned the jobs situation could be tied to other things that have nothing to do with the pandemic?
Why are car prices soaring?
How will local businesses be impacted by the state of the economy?
Why are gas prices trickling down?
Is Cantor surprised by the supply and demand ratio?
Will Biden’s student loan relief plan impact inflation?


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