{"id":239563,"date":"2025-12-16T07:52:38","date_gmt":"2025-12-16T07:52:38","guid":{"rendered":"https:\/\/businesnewswire.com\/?p=154533"},"modified":"2025-12-16T07:52:38","modified_gmt":"2025-12-16T07:52:38","slug":"how-the-global-economic-crisis-is-squeezing-nycs-wholesale-produce-market","status":"publish","type":"post","link":"https:\/\/ipsnews.net\/business\/2025\/12\/16\/how-the-global-economic-crisis-is-squeezing-nycs-wholesale-produce-market\/","title":{"rendered":"How the Global Economic Crisis Is Squeezing NYC\u2019s Wholesale Produce Market"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The world\u2019s economic problems don\u2019t stop at stock charts and central bank meetings.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">They show up in the Bronx at 4 a.m., when a truck full of fresh produce pulls into Hunts Point, and the invoice is higher. Again.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For New York City\u2019s wholesale produce businesses, the global crisis has turned into a daily grind of higher costs, thinner margins, and nervous restaurant clients trying to keep menus alive. For many distributors,<\/span><a href=\"https:\/\/www.fadaro.com\/\"> <span style=\"font-weight: 400;\">wholesale produce<\/span><\/a><span style=\"font-weight: 400;\"> is no longer a stable, low-margin commodityit\u2019s a moving target that\u2019s harder and more expensive to keep flowing.<\/span><\/p>\n<h2><b>A Global Food Economy Under Pressure<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Even though headlines say \u201cinflation is cooling,\u201d food is still expensive to move and sell.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The FAO Food Price Index in November 2025 was 125.1\u2014down from its 2022 peak, but still above pre-pandemic levels.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The global cost of a healthy diet rose to $4.46 per person per day in 2024, and about 2.6 billion people still couldn\u2019t afford one.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">At the same time, shipping routes are more fragile and more expensive than they were just a few years ago:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Disruptions in the Red Sea, Suez Canal, and Panama Canal pushed global freight rates sharply higher in 2024, sending shockwaves through supply chains.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Every extra dollar spent on freight, fuel, and insurance eventually lands in the cost of a box of lettuce or a case of tomatoes.<\/span><\/p>\n<h2><b>Where the Pain Shows Up for Wholesale Produce in NYC<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">For NYC\u2019s produce houses, the global crisis hits at multiple points in the chain:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Farm and field: higher input costs (fertilizer, fuel, labor) mean growers charge more.<\/span><span style=\"font-weight: 400;\">\n<p><\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Ports and logistics: container delays, higher freight rates, and port congestion add time and cost.<\/span><span style=\"font-weight: 400;\">\n<p><\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Local distribution: labor shortages and new policies, like congestion pricing, increase last-mile delivery costs.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">In the U.S., wholesale food prices are still far above pre-pandemic levels. The National Restaurant Association notes that, as of September 2025, the Producer Price Index for all foods was 38% higher than in February 2020.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For a New York produce wholesaler working on thin margins, that\u2019s brutal.<\/span><\/p>\n<h2><b>Congestion Pricing: A Global Crisis Meets a Local Toll<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The world economy isn\u2019t the only pressure point. NYC\u2019s own congestion pricing rules are piling on.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Major food distributors say new tolls could cost up to $300,000 a year per company just to bring goods south of 60th Street.<\/span><span style=\"font-weight: 400;\">\n<p><\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">One Bronx-based distributor already pays $500\u2013$600 a week in new tolls on top of six-figure annual bills for tickets and existing bridge and tunnel tolls.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">For produce companies that might only net a few cents per pound, there are only two options:<\/span><\/p>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Absorb the cost and watch margins disappear<\/span><span style=\"font-weight: 400;\">\n<p><\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Pass it on to restaurants and retailers<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">Either way, someone in the NYC food ecosystem is taking the hit.<\/span><\/p>\n<h2><b>Restaurants Are Feeling It Too<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">This global-plus-local squeeze is showing up clearly on menus.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In 2024:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Food-at-home prices (grocery) rose 1.2%, while<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Food-away-from-home prices (restaurant meals) jumped 4.1%, well above historical averages.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">In New York specifically, one industry analysis found:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Menu prices in NYC were up 4.1% year-over-year in mid-2024,<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">While grocery prices rose just 1.1%,<\/span><span style=\"font-weight: 400;\">\n<p><\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Eating out cost about 30% more than cooking at home,<\/span><span style=\"font-weight: 400;\">\n<p><\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">And restaurant traffic dropped roughly 5%.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">For wholesalers, that\u2019s a red flag: if restaurant traffic drops and operators cut back on orders, the pain flows upstream.<\/span><\/p>\n<h2><b>How the Crisis Hits a NYC Produce Business (Step by Step)<\/b><\/h2>\n<ol>\n<li><span style=\"font-weight: 400;\"> Global costs climb<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">Higher fertilizer, energy, and freight costs raise the base price of fresh produce worldwide.<\/span><\/li>\n<li><span style=\"font-weight: 400;\"> Shipping and trucking amplify the increase<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">Port congestion, global freight spikes, and domestic labor shortages push transportation costs even higher.<\/span><\/li>\n<li><span style=\"font-weight: 400;\"> Local policies add one more surcharge<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">Congestion pricing, parking fines, and tolls further raise the cost of every delivery into Manhattan.<\/span><\/li>\n<li><span style=\"font-weight: 400;\"> Restaurants change buying behavior<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">Facing higher invoices, NYC restaurants:<\/span><\/li>\n<\/ol>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Order less variety<\/span><span style=\"font-weight: 400;\">\n<p><\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Shift to lower-cost items<\/span><span style=\"font-weight: 400;\">\n<p><\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Reduce frequency or volume of deliveries<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/li>\n<\/ul>\n<ol start=\"5\">\n<li><span style=\"font-weight: 400;\"> Wholesale margins get crushed<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">Distributors are stuck between global cost increases and local customers who simply can\u2019t pay much more.<\/span><\/li>\n<\/ol>\n<h2><b>3 Ways NYC Wholesale Produce Businesses Can Survive the Squeeze<\/b><\/h2>\n<h3><b>1. Double down on data, not guesses<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Instead of reacting to every global headline, wholesalers can:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Track real-time market prices by commodity<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Segment accounts (fine dining vs fast-casual vs institutional)<\/span><span style=\"font-weight: 400;\">\n<p><\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Offer tailored pricing and pack sizes<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">This helps them protect margins without shocking every buyer with across-the-board hikes.<\/span><\/p>\n<h3><b>2. Build smarter local partnerships<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Leaning into regional and local growers where possible can:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Reduce dependence on volatile global shipping lanes<\/span><span style=\"font-weight: 400;\">\n<p><\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Shorten lead times<\/span><span style=\"font-weight: 400;\">\n<p><\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Create a \u201clocal, seasonal\u201d story NYC restaurants can sell to guests<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Even if local isn\u2019t always cheaper, it can be more predictable\u2014which operators increasingly value.<\/span><\/p>\n<h3><b>3. Help restaurants protect their menus<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Wholesale produce companies that act as true partners\u2014sharing menu engineering tips, seasonality updates, and cost-savvy swaps\u2014are more likely to keep accounts through the downturn.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Examples might include:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Recommending seasonal swaps when a commodity spikes<\/span><span style=\"font-weight: 400;\">\n<p><\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Suggesting \u201chero\u201d produce items that offer better yield per dollar<\/span><span style=\"font-weight: 400;\">\n<p><\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Helping chefs design flexible specials that can pivot quickly with the market<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/li>\n<\/ul>\n<h2><b>Why This Matters for the Future of NYC Dining<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The global economic crisis isn\u2019t some abstract macro story\u2014it\u2019s baked into every salad, garnish, and side of roasted vegetables served in New York City.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If wholesale produce businesses can\u2019t stay profitable, restaurants lose the partners they depend on for quality, consistency, and last-minute saves. If restaurants can\u2019t handle higher produce costs, more dining rooms will go dark.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In a city where food is part of its identity, that\u2019s more than a business problem. It\u2019s a New York problem.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The next phase of this crisis will favor the players\u2014wholesalers and restaurants alike\u2014who treat data, transparency, and collaboration as seriously as they treat freshness.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The world\u2019s economic problems don\u2019t stop at stock charts and central bank meetings. They show up in the Bronx at 4 a.m., when a truck full of fresh produce pulls into Hunts Point, and the invoice is higher. Again. For New York City\u2019s wholesale produce businesses, the global crisis has turned into a daily grind&#8230; <a href=\"https:\/\/ipsnews.net\/business\/2025\/12\/16\/how-the-global-economic-crisis-is-squeezing-nycs-wholesale-produce-market\/\" class=\"more-link\">Continue Reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":344,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[374],"tags":[],"class_list":["post-239563","post","type-post","status-publish","format-standard","hentry","category-ipsnews"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How the Global Economic Crisis Is Squeezing NYC\u2019s Wholesale Produce Market - Business<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/ipsnews.net\/business\/2025\/12\/16\/how-the-global-economic-crisis-is-squeezing-nycs-wholesale-produce-market\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How the Global Economic Crisis Is Squeezing NYC\u2019s Wholesale Produce Market - Business\" \/>\n<meta property=\"og:description\" content=\"The world\u2019s economic problems don\u2019t stop at stock charts and central bank meetings. They show up in the Bronx at 4 a.m., when a truck full of fresh produce pulls into Hunts Point, and the invoice is higher. Again. For New York City\u2019s wholesale produce businesses, the global crisis has turned into a daily grind... Continue Reading &rarr;\" \/>\n<meta property=\"og:url\" content=\"http:\/\/ipsnews.net\/business\/2025\/12\/16\/how-the-global-economic-crisis-is-squeezing-nycs-wholesale-produce-market\/\" \/>\n<meta property=\"og:site_name\" content=\"Business\" \/>\n<meta property=\"article:published_time\" content=\"2025-12-16T07:52:38+00:00\" \/>\n<meta name=\"author\" content=\"Busines Newswire\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Busines Newswire\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"http:\/\/ipsnews.net\/business\/2025\/12\/16\/how-the-global-economic-crisis-is-squeezing-nycs-wholesale-produce-market\/\",\"url\":\"http:\/\/ipsnews.net\/business\/2025\/12\/16\/how-the-global-economic-crisis-is-squeezing-nycs-wholesale-produce-market\/\",\"name\":\"How the Global Economic Crisis Is Squeezing NYC\u2019s Wholesale Produce Market - Business\",\"isPartOf\":{\"@id\":\"https:\/\/ipsnews.net\/business\/#website\"},\"datePublished\":\"2025-12-16T07:52:38+00:00\",\"author\":{\"@id\":\"https:\/\/ipsnews.net\/business\/#\/schema\/person\/457ba41b64cc345c2ab68ac8092bd5e8\"},\"breadcrumb\":{\"@id\":\"http:\/\/ipsnews.net\/business\/2025\/12\/16\/how-the-global-economic-crisis-is-squeezing-nycs-wholesale-produce-market\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"http:\/\/ipsnews.net\/business\/2025\/12\/16\/how-the-global-economic-crisis-is-squeezing-nycs-wholesale-produce-market\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"http:\/\/ipsnews.net\/business\/2025\/12\/16\/how-the-global-economic-crisis-is-squeezing-nycs-wholesale-produce-market\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ipsnews.net\/business\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"How the Global Economic Crisis Is Squeezing NYC\u2019s Wholesale Produce Market\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ipsnews.net\/business\/#website\",\"url\":\"https:\/\/ipsnews.net\/business\/\",\"name\":\"Business\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ipsnews.net\/business\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/ipsnews.net\/business\/#\/schema\/person\/457ba41b64cc345c2ab68ac8092bd5e8\",\"name\":\"Busines Newswire\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ipsnews.net\/business\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/1b21e185e011dc25167b5d0f8e948087219de9c5efa4828a2ee7e511b602d98d?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/1b21e185e011dc25167b5d0f8e948087219de9c5efa4828a2ee7e511b602d98d?s=96&d=mm&r=g\",\"caption\":\"Busines Newswire\"},\"sameAs\":[\"https:\/\/businesnewswire.com\"],\"url\":\"https:\/\/ipsnews.net\/business\/author\/busines-newswire\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"How the Global Economic Crisis Is Squeezing NYC\u2019s Wholesale Produce Market - Business","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"http:\/\/ipsnews.net\/business\/2025\/12\/16\/how-the-global-economic-crisis-is-squeezing-nycs-wholesale-produce-market\/","og_locale":"en_US","og_type":"article","og_title":"How the Global Economic Crisis Is Squeezing NYC\u2019s Wholesale Produce Market - Business","og_description":"The world\u2019s economic problems don\u2019t stop at stock charts and central bank meetings. They show up in the Bronx at 4 a.m., when a truck full of fresh produce pulls into Hunts Point, and the invoice is higher. Again. For New York City\u2019s wholesale produce businesses, the global crisis has turned into a daily grind... Continue Reading &rarr;","og_url":"http:\/\/ipsnews.net\/business\/2025\/12\/16\/how-the-global-economic-crisis-is-squeezing-nycs-wholesale-produce-market\/","og_site_name":"Business","article_published_time":"2025-12-16T07:52:38+00:00","author":"Busines Newswire","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Busines Newswire","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"http:\/\/ipsnews.net\/business\/2025\/12\/16\/how-the-global-economic-crisis-is-squeezing-nycs-wholesale-produce-market\/","url":"http:\/\/ipsnews.net\/business\/2025\/12\/16\/how-the-global-economic-crisis-is-squeezing-nycs-wholesale-produce-market\/","name":"How the Global Economic Crisis Is Squeezing NYC\u2019s Wholesale Produce Market - Business","isPartOf":{"@id":"https:\/\/ipsnews.net\/business\/#website"},"datePublished":"2025-12-16T07:52:38+00:00","author":{"@id":"https:\/\/ipsnews.net\/business\/#\/schema\/person\/457ba41b64cc345c2ab68ac8092bd5e8"},"breadcrumb":{"@id":"http:\/\/ipsnews.net\/business\/2025\/12\/16\/how-the-global-economic-crisis-is-squeezing-nycs-wholesale-produce-market\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["http:\/\/ipsnews.net\/business\/2025\/12\/16\/how-the-global-economic-crisis-is-squeezing-nycs-wholesale-produce-market\/"]}]},{"@type":"BreadcrumbList","@id":"http:\/\/ipsnews.net\/business\/2025\/12\/16\/how-the-global-economic-crisis-is-squeezing-nycs-wholesale-produce-market\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ipsnews.net\/business\/"},{"@type":"ListItem","position":2,"name":"How the Global Economic Crisis Is Squeezing NYC\u2019s Wholesale Produce Market"}]},{"@type":"WebSite","@id":"https:\/\/ipsnews.net\/business\/#website","url":"https:\/\/ipsnews.net\/business\/","name":"Business","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ipsnews.net\/business\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/ipsnews.net\/business\/#\/schema\/person\/457ba41b64cc345c2ab68ac8092bd5e8","name":"Busines Newswire","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ipsnews.net\/business\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/1b21e185e011dc25167b5d0f8e948087219de9c5efa4828a2ee7e511b602d98d?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/1b21e185e011dc25167b5d0f8e948087219de9c5efa4828a2ee7e511b602d98d?s=96&d=mm&r=g","caption":"Busines Newswire"},"sameAs":["https:\/\/businesnewswire.com"],"url":"https:\/\/ipsnews.net\/business\/author\/busines-newswire\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ipsnews.net\/business\/wp-json\/wp\/v2\/posts\/239563","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ipsnews.net\/business\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ipsnews.net\/business\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ipsnews.net\/business\/wp-json\/wp\/v2\/users\/344"}],"replies":[{"embeddable":true,"href":"https:\/\/ipsnews.net\/business\/wp-json\/wp\/v2\/comments?post=239563"}],"version-history":[{"count":1,"href":"https:\/\/ipsnews.net\/business\/wp-json\/wp\/v2\/posts\/239563\/revisions"}],"predecessor-version":[{"id":239564,"href":"https:\/\/ipsnews.net\/business\/wp-json\/wp\/v2\/posts\/239563\/revisions\/239564"}],"wp:attachment":[{"href":"https:\/\/ipsnews.net\/business\/wp-json\/wp\/v2\/media?parent=239563"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ipsnews.net\/business\/wp-json\/wp\/v2\/categories?post=239563"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ipsnews.net\/business\/wp-json\/wp\/v2\/tags?post=239563"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}