Birdwatch Note Rating
2023-07-13 15:03:11 UTC - HELPFUL
Rated by Participant: 2293FED422BB89A86FF4CEBCEDCCDE599829083B6542A75269CD92DB760B54BA
Participant Details
Original Note:
For context: With Florida’s booming economy and low unemployment it fuels rising demand. •https://wusfnews.wusf.usf.edu/economy-business/2023-07-06/florida-economy-outpaces-us-jobs-growth-higher-inflation •https://www.cbsnews.com/news/states-where-americans-are-moving-florida-texas-north-carolina-south-carolina/ And when more people move to a state, it increases the demand for goods and services. If the supply can’t keep up, prices go up. This is called demand-pull inflation. •https://www.educba.com/demand-pull-inflation/ •https://smartasset.com/financial-advisor/demand-pull-inflation?ssp=1&darkschemeovr=1&setlang=en-US&safesearch=moderate
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