The baby formula shortage is intensifying in the United States, according to new Datasembly numbers.
The retail information provider reported that out-of-stock (OOS) rates continue to climb nationwide, rising to 43 percent in the week ending May 8. This is up from the 30 to 40 percent readings in April.
“Unfortunately, baby formula out-of-stock levels have continued to soar since the beginning of April, and we see no indication of a slow down,” Ben Reich, the CEO of Datasembly, told The Epoch Times. “Baby formula out-of-stock levels have reached 43% nationwide and continue demonstrating higher out-of-stock levels than other categories.”
Data as of May 1 show that nine states have OOS rates above 50 percent, including Tennessee (54.7 percent), Delaware (54.5 percent), Texas (52 percent), Montana (51 percent), and Nevada (51 percent). Jurisdictions with the lowest OOS rates were Colorado (26.3 percent), New Mexico (29 percent), and Indiana (29.7 percent).
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