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Boom! U.S. consumers hit by rising prices for Fourth of July fireworks

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Reuters

By Lindsay Dunsmuir WASHINGTON (Reuters) – U.S. consumers already grappling with surging prices for air fares, rental cars and some hotels this Independence Day holiday weekend have another headache to add to the list: the cost of fireworks. “All companies had to go up this year. We didn’t have a choice,” said Sharon Hunnewell-Johnson, president of Galaxy Fireworks in Tampa, Florida, which owns four retail stores and 70 seasonal locations across the state. She has had to raise prices on some fireworks by between 15% and 35% due to the impact of a global shipping backlog for the Chinese-made go…

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