New data suggest that the U.S. baby-formula shortage is deepening, particularly hitting states in the South and the Southwest.
Nationally, 23% of powdered baby formula was out of stock in the week ended May 22, compared with 21% during the previous week, according to the latest figures from market-research firm IRI. In the first week of January and before the recall of formula produced by Abbott Laboratories , 11% of powdered baby formula was out of stock because of pandemic-related supply-chain shortages and inflation. Before the pandemic, the normal out-of-stock range for powdered formula was 5% to 7%, according to IRI.
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