San Antonio Chamber of Commerce CEO discusses inflation impact on local economy

SAN ANTONIO – We are seeing inflation at the grocery store, the gas station, and the car dealership, so what has that meant for local families and local businesses?

Richard Perez, president and CEO of the San Antonio Chamber of Commerce, joined Leading SA to break it all down.

”Families are feeling pinches. Right. I mean, even my own family, you know, my wife and I yesterday were at the grocery store and we usually spend, you know, 50 bucks. You know, she just her and I together to get some necessities. We were at $80. And that is happening all over the city in large families, small families. And so as a result, people have had to modify their spending, you know, instead of filling up their gas tank, maybe they’re putting in a quarter gas tank and they’re definitely cutting back other spending. So it is squeezing families and it is a tough time right now,” Perez said.

It’s not just families, businesses are navigating these rising prices as…

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