Exact change? Western Pa. businesses impacted by national coin shortage – By Megan Tomasic (Trib Live) / July 14 2020
Businesses are facing yet another hurdle from the coronavirus pandemic — a shortage of pennies, nickels, dimes and quarters.
The national coin shortage, which is impacting businesses across the nation, is the result of disruption in the supply chain when stay-at-home orders were put in place and businesses were forced to shutter to help curb the spread of the virus. Those actions halted the normal circulation patterns of the U.S. coin, the Federal Reserve said last month.
“What’s happened is that, with the partial closure of the economy, the flow of coins through the economy has gotten all — it’s kind of stopped,” said Fed chairman Jerome Powell.
That, and a decline in coin production in an effort to keep employees safe, has left businesses across the region facing more complications as they work to reopen while adhering to social distancing guidelines and an uncertain future in the pandemic.
Continue to article: https://triblive.com/local/regional/exact-change-local-businesses-impacted-by-national-coin-shortage/
