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-0.000117453605825759 -0.000264270613107749 -5.8726802912796E-05 5.8726802912796E-05 0.00035236081747711 0.00220225510923185 0.00145172656800576 -0.000117453605825759
Stock impact report

Toilet Paper Panic Buying Returns Amid Dockworkers' Strike [Yahoo! Finance]

Procter & Gamble Company (The) (PG) 
Last procter & gamble company (the) earnings: 4/17 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Dockworkers at east and Gulf coast ports from Maine to Texas began walking picket lines on October 1, and reports suggest that the strike could cause price increases and shortages for large and small retailers. The height of the COVID-19 pandemic may have been four years ago, but people apparently still remember the toilet paper shortage that befell U.S. consumers. According to multiple news outlets, including CNN and a local station in Houston, shoppers are once again flocking to stores to panic buy the product. However, those same reports indicate that this very act is more likely to cause empty shelves than the dockworkers' strike. Most Read on IEN: Referencing the Center for Land Use Interpretation, KHOU reported that 90% of toilet paper consumed in the U.S. is produced domestically. The remaining 10% is mostly imported from Mexico and Canada. KHOU added that 80% of toilet paper production originates from three companies, Kimberly-Clark, Georgia-Pacific and Procter & Ga Show less Read more
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