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Penny Shortages Already Hitting Some Retailers
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Penny Shortages Already Hitting Some Retailers
A penny shortage is affecting retailers nationwide. The Treasury Department halted penny production in May and the U.S. Mint cranked out its last batch of pennies in August. Now, a growing number of convenience stores and major chains including Kroger and Home Depot report issues. The American Banking Association says about 250 billion pennies are still in circulation, but notes some “localized supply issues.”
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