NASHVILLE, Tenn. (WTVF) — A new inflation report from the Bureau of Labor Statistics is shining a light on the state of the economy.

It tells us prices for services were up this July — the most in three years. This was particularly true for things like machinery, equipment wholesaling, and investment advice.

While services were the biggest impact, popular goods like vegetables and meat were also affected.

Tommy Hartzog, the managing partner at the Black Rabbit downtown, says the rising cost of beef has been a hurdle all year.

"If something rises too high in cost, and it eats up the slim margins that we already work on, yeah, we'll make a change to the menu based off that," he said.

"It's twofold. It cuts into profits, first of all," he went on. "Second of all, the higher price point

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