While you're out to find Black Friday and holiday shopping deals today, many "Made in America" items may be on your preferred list.
A new poll by Morning Consult in coordination with the Alliance for American Manufacturing reported 83% of American consumers prefer to buy American-made products.
Awenate Cobbina, CEO of Shinola and Bedrock Manufacturing, said it is important to promote the nation's economy by boosting jobs and local businesses.
"Manufacturing in the U.S. is at the core of who we are," Cobbina pointed out. "Our people celebrate that passion and our products reflect this commitment. No one said this journey is an easy one, but we believe it is the only path to take."
The poll found three in four U.S. adults want companies penalized for falsely marketing their goods as "Made in the USA." In recent years, the Federal Trade Commission has increasingly pursued financial repercussions for fraudulent Made in USA claims.
Among those polled, 70% supported offering a tax credit to consumers who legitimately purchase American-made goods.
Industry leaders have said it's an exciting time in U.S. manufacturing. The National Association of Manufacturing reports growth in American manufacturing over the past 10 years, and specifically, large jumps since 2016.
Scott Paul, president of the Alliance for American Manufacturing, sees semiconductor, construction and clean-energy jobs coming back, and says he is optimistic about what the future holds.
"A lot of people kind of woke up during the pandemic," Paul noted. "And said, 'You know what? I don't like supply-chain disruptions. I don't like not being able to get things. I don't like necessarily being dependent on, say, China for medicine if it has to come across the ocean.'"
When shopping online, there is currently no law requiring a manufacturing label. Paul said so many people have turned to online shopping, and added the proposed Country of Origin Online Labeling Act has bipartisan support. The bill would require online retailers to identify the country of manufacturing for their products.
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With Thanksgiving just over two weeks away, will Michiganders and shoppers across the country face sticker shock at the grocery store while planning their holiday meals?
There is a mix of good and not-so-good news. According to consumer experts, grocery inflation has eased, with prices rising just 1.3% over the past year. However, prices are more than 20% higher than four years ago.
David Ortega, professor of food economics and policy at Michigan State University, said you won't have to dig as deep for the star of the Thanksgiving menu: turkey.
"Turkey prices, they're expected to be down compared to last year," Ortega reported. "The industry has been struggling with the bird flu outbreak over the past couple of years but producers are better prepared now. So you can expect to find turkeys anywhere between 2% and 10% lower in price."
The price increases this holiday season stem from several factors, including the 2019 pandemic disrupting supply chains, droughts damaging crops, avian flu driving up egg prices, and global conflicts raising overall costs.
Ortega emphasized taking advantage of your grocery store's loyalty program or app can unlock significant savings, which sometimes offers personalized discounts tailored to your shopping habits. He shared a couple of other practical strategies to help keep your holiday meal costs in check.
"Look for store brands or private labels," Ortega advised. "They're a great way to cut costs and often times, you're not really compromising on quality. And I suggest that you make a detailed shopping list, and that you stick to it."
Ortega added as shoppers become more budget-conscious, stores are offering more promotions and loyalty programs. Retailers are working to keep holiday meals affordable, with some even matching prices from 2019.
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Misinformation about electric vehicles is keeping more of them from being on Connecticut roads.
Owners of the state's more than 31,000 registered EVs still face rumors about poor battery range in colder climates. Many agencies said it is false, with some drivers feeling EVs can handle winter roads better than gas-powered cars.
Karamo Kourouma, an EV owner in Cheshire, said driving an EV involves a different mindset from a gas-powered car.
"Being able to know I just go home and plug in my car just like I would do with my cellphone; plug it in at night, wake up in the morning, unplug it, and get on your way," Kourouma explained. "You basically wake up with a fully charged battery."
Another challenge he sees for EVs is how people think of charging stations. While some charge their cars at home or fast-charging stations, Kourouma thinks there are ways to build up the infrastructure. One example is adding electric-vehicle chargers to some parking meters across places such as downtown New Haven with the hope of breaking "range anxiety" some drivers face.
Owning an EV for three years has shown Kourouma gas-powered cars are meeting their match, particularly in costs. Although gas-powered cars are less expensive to buy, EVs are shown to save consumers money in long-term costs such as maintenance, fuel and repair costs. He acknowledged misconceptions about cost keep people from making the switch.
"When people see me drive a Tesla, they think I paid $70,000, $80,000 for it, and I try to explain to them that, no, the vehicle I'm driving is $48,000 before incentives," Kourouma pointed out. "They need to be more aware of the fact now EVs tend to be in a price range that most people can afford them."
Connecticut has myriad programs designed to help people afford EVs. One includes the Connecticut Connecticut Hydrogen and Electric Automobile Purchase Rebate, which offers incentives of up to $7,500 for state residents to buy or lease an eligible clean energy vehicle.
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Online scams are growing in scale and sophistication, affecting millions and creating economic losses estimated at $1 trillion globally in 2023.
The upcoming Global Anti-Scam Summit in Arlington, Va., will bring experts together to develop strategies to combat the threat.
Jorij Abraham, managing director of the Global Anti-Scam Alliance, said as scams continue to surge, inflicting financial and emotional harm, there is an urgent need to work together.
"The big challenge is that we have to work across the different industries and across borders because scammers are getting very, very professionalized," Abraham pointed out. "We see scammers usually doing the same scam in 80 different countries and there the challenge is really putting them behind bars."
The summit is scheduled for Nov. 12-13.
Abraham advises people to consult friends and family before acting on suspicious texts or emails. According to the FBI, scams targeting Americans age 60 and older led to more than $3.4 billion in losses in 2023, though many cases go unreported.
The FBI also warns the public about scammers exploiting the 2024 U.S. general election for financial fraud. Abraham noted scams are becoming among the most reported crimes.
"We are continuously being bombarded by scammers who are trying to get our identity or our money," Abraham observed. "The goal of the summit is to discuss how can we reduce the approaches by scammers, trying to make sure that they are less successful and in the end actually are trying to really catch the scammers."
The FBI's report found tech support scams to be the most commonly reported type of elder fraud in 2023, affecting nearly 18,000 victims over age 60. Investment scams, however, were the most financially damaging, resulting in more than $1.2 billion in losses. The FBI said the fraud often involves cryptocurrency schemes targeting older Americans' finances.
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