Bagel store owners told Fox News Tuesday morning they're having a hard time running their businesses because of a cream cheese shortage.
Luca Pautasso, a New York-based financial services provider, told Fox Business that public spending and a shortage of goods have created the"perfect storm."
Containers line a Port of Oakland shipping terminal on Wednesday, Nov. 10, 2021, in Oakland, Calif. Intense demand for products has led to a backlog of container ships outside the nation's two largest ports along the Southern California coast. The average time it takes for ocean freight to go door-to-door has increased 45% over the last year, from 51 days to 74 days, according to Freightos. Ports in Los Angeles and Long Beach, California, account for 40% of all shipping containers entering the United States. The cream cheese packaging issue is costing Teutonico’s business more money. He said he has to leave the store many days to try to buy cream cheese.
Mike Stern, owner of Long Island Bagel Cafe, told"Fox & Friends First" the cream cheese shortage is a"big problem."
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