Weekly Economic & Financial Commentary: Reopening Comes with a Steep Price Tag

United States: Reopening Comes with a Steep Price Tag. The leap in consumer prices this week laid bare that challenges in meeting soaring demand come with a cost. There were few signs of the mismatch between supply and demand beginning to come back into balance. April retail sales were unchanged following the second-largest monthly increase on record in the prior month. Meanwhile, difficulty finding workers appeared to grow more acute, with job openings and the share of small businesses with a job hard to fill soaring to record highs.