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In reply to the discussion: U.S. stock futures resume coronavirus rout as trading resumes [View all]MichMan
(11,910 posts)20. So are people cutting way back or panic buying? Posts here indicate both are occuring ?
Grocers Prepare for Surge in Demand as Coronavirus Spreads
"Supermarkets are preparing for a surge in demand and shoppers are stocking up on staple foods and cleaning supplies as more cases of the new coronavirus appear in the U.S.
For weeks, as the outbreak advanced mainly in China, food retailers focused on maintaining supplies of products they procure from Asia such as tuna, mandarin oranges and garlic.
Their attention shifted this week as cases multiplied from South Korea to Iran and as the federal Centers for Disease Control and Prevention warned of a potential pandemic. Health officials in Washington state on Saturday reported the first death of someone who had tested positive for the coronavirus in the U.S., one of some 60 confirmed cases centered on the West Coast.
"Now grocers are working to prevent shortages and preparing for a spike in demand for disinfectants and long-lasting items such as pasta and canned food. Some are ramping up orders from suppliers."
[link:http://www.msn.com/en-us/news/us/grocers-prepare-for-surge-in-demand-as-coronavirus-spreads/ar-BB10zqi7?ocid=spartanntp|
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the financial disruption could be massive, just think about it, from workers refusing to work
yaesu
Mar 2020
#7
Or hiring like my wife is going through right now...........................
turbinetree
Mar 2020
#8
"We aren't going to die." Actually we all are.............one day but probably due to this virus.
cstanleytech
Mar 2020
#12
DOD needs a trim down to 20% of its current budget and redirect the money to infrastructure
cstanleytech
Mar 2020
#14
I've talked to several small business owner today who mainly deal online & they say their sells
hellno45
Mar 2020
#17
Rumors that Fed will announce rate cut early tomorrow have moved futures higher for now
wishstar
Mar 2020
#18