“It’s almost embarrassing”: Lobster price shock hits restaurants

Lobster prices have soared so much that restaurants are either giving their customers sticker shock, or taking them off the menu entirely.Why it matters: The lobster price shock isn't just a supply problem or just a demand problem. It reflects both — and is a microcosm of the U.S. economy.Stay on top of the latest market trends and economic insights with Axios Markets. Subscribe for freeBy the numbers: Maine lobstermen were able to sell their catch straight off the boat for $6.71 a pound in 2021

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