Tag: penny shortage
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Penny Shortage: Why US Retailers Are Running Out of Pennies
Overview: The Growing Penny Shortage In recent months, an unusual scarcity has emerged in American storefronts: pennies. Following a policy shift that paused the minting of the one-cent coin, many retailers report dwindling supplies of the humble cent. While pennies in pockets and drawers are still legal tender, the limited minting and reduced circulation have…
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Pennies Run Dry: How US Retailers Are Coping as One-Cent Coins Fade Away
The Penny Shortage and What It Means for US Retailers When the Trump administration halted the minting of one-cent coins earlier this year, the consequence wasn’t just a curious financial policy footnote. It set off a chain reaction through wallets, tills, and daily transactions. As the remaining pennies dwindle from circulation, retailers across the United…