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Paint Next Supply Chain Shortage

A picture of a commercial paint plant

A confluence of factors, from an unusual freeze earlier this year in Texas to surging demand to ongoing supply chain issues, has created a paint shortage and a price surge.

Customers around the country are finding it tougher to get the paint they want as store owners struggle to keep product on the shelves and meet rising costs from their suppliers.

Producer prices for painting and coating manufacturing rose 10.6% in August from a year ago, the biggest annual jump since January 2009.

For the full CNBC story, click here.

 

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