authorities sounded the alarm on november 24. it was already in europe as early as november 19th, and it's now been found in at least 20 countries. that much we do know. as for what we don't know, namely whether vaccines will still protect us from this variant, there are head-snapping predictions from the ceos behind the pfizer and moderna vaccines. the head of biontech, a partner in the pfizer vaccine, tells reuters that current vaccines will still likely protect us from severe cases, even though there may be some diminished protection against mild or moderate cases. meantime, the head of moderna says that existing vaccines will be much less effective at battling omicron than earlier strains of covid, telling the "financial times," quote, i think it's going to be a material drop. i just don't know how much because we need to wait for the data. but all the scientists i talked to said, this is not going to be good. dr. anthony fauci, meantime, seemed to lean toward the optimistic tone of pfizer's ceo while also stressing, we're just not sure. at least not yet. >> it is unclear, but from historical experience that we have is that when you get levels of antibody high enough, for example, with the booster, we have had protection against other variants. so what i'm saying, it is likely that even though that protection might be diminished that if you get your levels high enough, particularly with the booster, you will get some degree of protection. maybe a lot, we don't know, but at least some degree of protection, particularly against severe disease. that's what we know right now. if things change, we will absolutely tell you about it. >> we grasp for any positive signs. health authorities said the number of people testing positive are very small, going so far as to call it minute in comparison to unvaccinated people. while we wait a week or two for more evidence or more answers, if you are not already vaccinated, health officials say get vaccinated. if you don't already have a booster shot, health officials now say get one. i just did. it's why i wasn't here yesterday. i did it not only for myself but for my children who are too young to get vaccinated and for everybody that i come into contact with. remember, it is not just about you. joining me now is msnbc's lindsay riser from new york city, correspondent matt bradley at heathrow airport and dr. ramirez. he served as pandemic and emergency threats coordinator at hhs and the world health organization. this started four days before south africa started sounding the alarm. there are travel bans around the world, including in the united states. what do we know about where this originated? now are we even sure it did start in south africa? >> reporter: yeah, i mean, katy, i can't tell you where it originated. i think the scientists and immuneologists are trying to figure that out themselves. it's clear what this will lead to is more protests from south africa and southern africa countries that they are being discriminated against. these travel bans were unsuitable, they were just knee jerk reactions and that they're punishing south africa for their candor, for coming out and saying, here is the new variant, we figured it out, we identified it, and now their economy is being punished for that. we already heard that from the president of south africa, and now because we know it was in the netherlands before that, we'll probably hear about that. there are 42 cases in ten different countries, so this is spreading very fast. that number is probably already out of date. there is already 22 here in the u.k. we can expect that those numbers are going to be increasing dramatically, but still, katy, important to note, most of those cases still have some connection back to southern africa. not all of them, but most of them. so whether it was actually -- whether the virus, whether the mutation comes from southern africa as was suspected at first, or whether it came to europe and went back to europe by way of south africa, it's really impossible to know. scientists are going to have to figure that out as they figure everything else out about this new variant, including its resistance to vaccines. katy? >> certainly will be difficult. dr. ramirez, i heard someone say this is about election night. the polls are closed and we're just waiting for the results to come. it seems like everyone has a prediction right now, including the heads of moderna and pfizer, who seem to contradict each other. one saying it's going to be pretty bad, the other says not so bad. what do you make of that? >> i think your analogy of election night is spot on, katy. we are all waiting for results to come in, and i think at this point what the american people need to know is we just need more time before we really have a good answer. i know that's a really hard answer to hear right now, but i think there are a number of mutations on this particular strain that are concerning, and so it's certainly reasonable to believe that we will see a significant reduction in our vaccine efficacy. but it's not for certain. the only way that we know that is until we run the data and we know exactly what that looks like. so i think before we jump to conclusions, we really just need to give the scientists a few days to do what they do best and tell us what the right answers are. >> is that what it will take, a few days? we know there are labs around the world trying to test these variants against the vaccinated and the unvaccinated as well as those who might have already had covid. is it going to be a few days, five days, ten days? when should we know? >> i think there is a ton of intellectual power being dumped into this. it puts us to the end of next week before we really have a good answer about vaccine efficacy. >> matt bradley, you're in new york city. i ended up walking into a local pharmacy at the end of the day to see if they had any extra. i got lucky. it did knock me out completely yesterday, which was a surprise because i didn't have a reaction to the first two. given that, though, and given the amount of interests that i had over the weekend, i'm wondering, because of omicron, are you seeing that from other folks you're talking to out there in times square? has there been a rush to get the booster shots? >> people i talked to were getting the booster today, katy, and there was a little bit of a line this morning, but other than that, it's been pretty steady. this is a testing facility as well as a vaccination site. new york is preparing whether or not omicron has been officially detected here yet. new york state is under a state of emergency starting this friday. all non-emergency procedures will be limited, and that is to help with hospital staffing, help with hospital supplies. new york mayor bill de blasio has instituted a mask advisory. you already have to wear a mask if you're in public transit, in a school, in a public school setting. now go back to wearing them indoors and in crowded outdoor areas. we already know some people are changing their behaviors because of omicron people i talked to. they're aware of it, they're watching it. one woman i spoke to said she's supposed to go back to france, her home for the first time in two years. she'll be cancelling that trip. katy, this time of year, america want to see the rockettes, a broadway show. should they be cancelling tickets? here's what they told me today. >> i think that's a very personal decision depending on who is in your family. do you have people who are older? do you have people who are not fully vaccinated? do you have members of your family that have medical conditions that might put them at greater risk? i would be cautious in that case because people are coming in from the outside. but i would say again, pay attention to what's going to happen in the next couple of days that would help you make your decision. and, of course, make sure everyone around you is fully vaccinated. >> reporter: we do know cases are on the rise right now in new york city, about 1300 cases average a day, katy, so we are kind of in that wait and see, but we do know the governor of new york says there's no doubt omicron is coming, katy. >> matt, a question for you. the results in south africa of who is getting this variant, they're saying only a very small number of people who are vaccinated are getting the variant and they're mild or moderate cases. the vast majority of cases right now they're seeing come in are among the unvaccinated. how much stock do you put in these early results? >> reporter: well, i think it's really hard to say, katy. we just don't know for sure. the vaccination rates in south africa are somewhere between 10 and 30%, which are different than the vaccination rates of our own where they're closer to 65% or 75%. i certainly hope that's true. if that's true we would have dodged a significant bullet, but it's a significant warning that there are other rix out there and the pandemic is not over and we need to stay aware. i think we just need more time and probably more infections to know for sure if that pattern is going to hold. >> this should be a lesson to everybody. you can't just vaccinate one person to stop infections, you have to stop the global community. chairman betty thompson says meadows has handed over documents and will sit for a deposition. donald trump's committee is asking the federal appeals court to overturn a lower court ruling that allowed the national archives were going to release the records to that panel. they claim it is a matter of executive privilege and handing over those documents would damage the presidency in its entirety. joining me now from the newsroom is pete williams. what does this suggest? >> it suggests the trump lawyers will not prevail before this panel of court of appeals here in washington. for a couple reasons. some people question whether former president biden has any legal standing here. when the current president and the former president disagree about whether to assert executive privilege over some document from a past administration, the current president, the one in the white house, is in the best position to judge what's in the nation's interest and his views should basically take precedence, although there are some executive privilege right. i think the court was concerned about two things. one, does president trump even have the authority to challenge biden, or do they have the rules set out in the president's action and gives the former president a chance to state his views. that would be a very limited view of what the former president can do. assuming he can come in and challenge the president's determination, the court was basically saying, how are we supposed to decide when these two can't decide whether executive privilege should be observed or waived? how is the court supposed to make that decision? so for all these reasons, katy, i think it was pretty clear that the trump lawyers are not going to prevail. they'll have to decide whether to go to full d.c. court of appeals or directly to the supreme court, and at the end of this argument that was scheduled to last an hour and went about three and a half hours, the trump lawyers were saying, can we at least get a stay against you if you rule against us so we have time to go to the supreme court? >> very interesting. we'll be watching that. pete williams, thank you very much. we also have breaking news out of michigan we want to get to where we're following reports of a shooting at a high school outside of detroit. police say they responded to the school just before 1:00 p.m. eastern time and that there are four to six victims. as of now, there are no confirmed fatalities. they also say they have a suspect in custody, and they have recovered a handgun. we are monitoring this right now, and we will bring you updates as we get them. still ahead this hour, new warnings today from our country's financial leaders about historic inflation and the dangers of not paying our debts. also ahead, the u.s. is the only developed country that does not guarantee paid family leave. you know i talk about this a lot. all week we're going to share stories from other mothers and other fathers who are struggling without it. today you're going to meet a mother from west virginia, an important state in this debate, mother of five. later, from the farm to your family room, a look at a journey of a christmas tree and how the supply chain is complicating the trip. e supply chain is complicating the trip if you're washing with the bargain brand, even when your clothes look clean, there's extra dirt you can't see. watch this. that was in these clothes... ugh. but the clothes washed in tide- so much cleaner. if it's got to be clean it's got to be tide hygienic clean. no surprises in these clothes! couple more surprises. ♪ limu emu... & doug ♪ ♪ superpowers from a spider bite? 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(gasps) ♪ did it work? only pay for what you need ♪ liberty. liberty. liberty. liberty. ♪ spider-man no way home in theaters december 17th (vo) t-mobile for business helps small business owners prosper during their most important time of year. when you switch to t-mobile and bring your own device, we'll pay off your phone up to $1000. you can keep your phone. keep your number. and get your employees connected on the largest and fastest 5g network. plus, we give you $200 in facebook ads on us! so you can reach more customers, create more opportunities, and finish this year strong. visit your local t-mobile store today. - san francisco can have criminal justice reform and public safety. but district attorney chesa boudin is failing on both. - the safety of san francisco is dependent upon chesa being recalled as soon as possible. - i didn't support the newsom recall but this is different. - chesa takes a very radical perspective and approach to criminal justice reform, which is having a negative impact on communities of color. - i never in a million years thought that my son, let alone any six-year-old, would be gunned down in the streets of san francisco and not get any justice. - chesa's failure has resulted in increase in crime against asian americans. - the da's office is in complete turmoil at this point. - for chesa boudin to intervene in so many cases is both bad management and dangerous for the city of san francisco. - we are for criminal justice reform. chesa's not it. recall chesa boudin now. hang onto your hat, the markets are sliding again in reaction to new predictions from jerome powell. speaking in front of the senate banking committee, the chairman said inflation will likely continue into next year. >> generally the high prices we're seeing are the supply and demand balances that have gone into the economy. it has been spreading broadly throughout the last few months, and i think the risks of higher inflation has increased. >> powell was joined by janet yellen who offered her own warnings to congress and the repercussions of failing to raise the debt limit which right now needs to be raised by december 15. joining me now is msnbc news stephanie ruhle and leigh ann caldwell. leigh ann, tell us what was said in congress. >> reporter: hi, katy. janet yellen had a dire warning for the congress as they need to raise the debt ceiling by december 15. >> including all necessary funding to complete authorized indian water rights. >> if we do not, we will oviscerate our current recovery. in a matter of days, the majority of americans would suffer financial pain as paychecks would not reach their bank accounts and that would make a deep recession. >> reporter: a deep recession was heard all over the walls here. they have been stalemated on how to lift the debt limit. remember, they came to the brink just a couple months ago when a last-minute deal of senate ma minority leader mitch mcconnell and senate majority leader were stumped. >> she's not wrong. six or eight weeks ago when we were facing this same situation, if we defaulted, if we had a government shutdown, it would be devastating. she's on the same script she's always been on. let's go, keep the government open. everyone knows that fundamentally, the question is, are we going to do it getting so close to the brink? that's scary. >> what about people going to the store and buying things more expensive than they should be, or buying a christmas tree that is way overpriced like i did over the weekend. >> that's because you live in the city, so we're going to blame that on you. but jerome powell had a serious pivot today. inflation is transitory, meaning short term. yes, inflation is related to the pandemic no doubt, but it's not going away in the near term. so now he's saying we need to absolutely focus on these inflationary pressures, and that's the most serious he's been to date, so we are expecting him to taper, meaning all the easing monetary policy that the fed has had will start to pull away quicker and likely rates will go up. >> so if you're buying a house, your mortgage will not be quite as good as it is right now. >> katy, that's also okay, right? interest rates are normally at zero. when you're in a time of absolute crisis, after the financial crisis, where we were in the bottom of the pandemic. we're clearly in an economic recovery, so you don't need to have rates at zero. the last time inflation was this high, it was in the early '90s when rates were over 5%. if they were suddenly at 1% or 2%, that's a sign that we have a strong economy that's growing that doesn't need life support. >> what about when we say, the market is crashing, but the market goes back up a day or a few days later. >> absolutely, because when there is fed intervention, savers get screwed, so the only place you can go is the stock market. the market doesn't like that and the market is a little concerned about the new variant, but remember, the market, while it's super important, is not the same thing. >> steph, remind me to call you next time i go christmas shopping. >> gotta go to jersey. speaking of congress, all this week we'll be focusing on the build back better plan, one that is personal for me as the mother of two young kids, and that is the fight for paid family leave. you've heard me talk about this before. the version of the build back better plan that passed the house includes four weeks of paid leave. right now the united states is the only developed nation without it, but it is unclear right now, and almost unlikely, that that four-week provision will survive negotiations in the senate because of this man right here, senator joe manchin, who has been especially outspoken in his feelings for paid leave, which is why we reached out to his home state of west virginia to hear their stories and what they want. we asked many of them to share their stories and we'll be sharing one day in their life each day this week. a video diary showing all of us the realities facing parents without paid leave. today i want to introduce you breonna dieterich, a west virginia mother of five. while breonna was pregnant with her now three-month-old, the baby seen here, she struggled with health issues. it was so bad one day that she told managers at her job that she needed to go to the hospital. she says they said no, so she walked out the door, and she's been out of work ever since. her husband's job takes him hundreds of miles away, leaving her at home with the five kids alone, and still, his single income is not enough. so here is one day in the life of west virginia mother breonna dieterich. >> my name is brianna dietrich. i live in wheeling, west virginia. altogether we have five thinner, ages 15 and 16, the girls, and boys, ages 5 and 12, and my almost three-month-old. it's 2:00 in the morning. i just got the baby down. i got some bottles washed. i should do laundry but i gave up. i have to take my daughter to the bus stop at 6:30 in the morning. it's 1:30 in the afternoon. i don't think i've brushed my harriet. i'm sitting here trying to figure out, i have 25 miles of gas left in my car. i have two days until my husband gets paid. i have to pick up my two daughters from the bus stop. me and the baby run to the other school, pick up my boys. i am tired of being stressed and i'm smiling because what else am i going to do when i pretty much lost my job while i was pregnant, that there's no help in our country at all or state, anything, for new moms. about 5:00, i get a call from the coach. we need you at practice now. your son is hurt. he hit his head. so i run and get my son and he dented the door frame with his head, and we are in the er now. i can't pay one whole bill. i have to pay a little of the rent i'm behind on, a little of this, a little of that. my husband is not here. he's out of town working. he's over 600 miles away. >> it's hard being a parent. also hard being a small business owner and losing your employees. i've talked to many small businesses, though, who say, hey, listen, we'd love the idea of a federal paid leave program so we don't have to continue to rehire and to retrain our valued employees. it means retention is better. it means they're able to be stronger in their own businesses. we're going to continue sharing stories just like brianna's all week long. i know you've heard me say it but i think it's more powerful coming from individual parents. we'll have dads here as well. not just stories from moms but dads, too. coming up next, the latest on two trials both underway. first we'll go to minnesota where attorneys say that the police officer will testify. this is the one who mixed up her taser with her gun. the ghislaine maxwell trial. the first one on the stand is jeff epstein's private pilot. i jeff epstein's private pilot the experts at safelite autoglass came right to me... with service i could trust. right, girl? >> singers: ♪ safelite repair, safelite 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[crowd cheering] how's sanchez looking? with your qb's increased spin rate, any pass with a launch angle of at least 43 degrees puts sanchez in the endzone. you a data analyst or something? an investor in invesco qqq. a fund that gives you access to nasdaq-100 innovations like ai statistical analysis software. how am i gonna do? become an agent of innovation with invesco qqq. ♪♪ llar copays, become an agent of innovation with invesco qqq. deductibles and monthly premiums. even plans with prescription drug coverage, vision, dental and hearing aids. how much does it cost? healthmarkets service is free. dog barks ok bunker! ... he really doesn't want you to miss the december 7th deadline. don't wait. save time. find the plan that fits you. call the number on your screen now, or visit healthmarkets.com healthmarkets jury selection is now underway in the trial of the former police officer. kim potter is charged with first and second deal manslaughter. she fatally shot her during a traffic stop. she was heard on her body camera yell, taser, before shots were fired. the defense lawyer says it was an innocent mistake to pull her gun instead of her taser, and that she will testify in her own defense. >> let me tell you, if you're selected, officer potter will testify and tell you what she remembered happened. >> yes. >> so you will know not just from the video but from the officers at the scene, and officer potter herself. >> joining me now from minneapolis is respondent shaquille brewster. shaq, tell us about jury selection so far. >> reporter: court is in recess right now for that lunch break, but the big headline we heard today was what you just played right there, the defense attorney of kim potter saying she will take the stand for this trial once it begins in ernest. we are several days from that if that is to come. right now we're in that jury selection process and so far three members of the jury have been selected so far. the jurors will remain anonymous, even being sequestered when deliberations begin. one of the men was actually a rock star before covid happened, according to what he testified in court. despite the testimony in this trial from the beginning, selective jurors have been dismissed as a part of this process. a handful were dismissed today, but several were dismissed before the trial started. it's just part of the tension this trial is facing. and listen to what we heard yesterday. >> the question is, are we prepared to hold a white officer accountable for killing a young black man when she says it was an accident? which obviously we dispute, and the attorney general's office has done an excellent job of laying out why this is not some mere accident. >> reporter: now, kim potter, as you mentioned, faces those two counts of first-degree and second-degree manslaughter. they carry a penalty of up to 15 years if she's convicted, katy. >> shaq brewster, thank you so much. now to new york city where it is day two in the trial of ghislaine maxwell. on monday prosecutors described her as central to jeffrey epstein's network. she trafficked the girls before serving them up to epstein so they would feel more at ease. he was unable to get justice after his death by suicide in 2018. the defense's first witness operated the so-called lolita express, which allegedly brought teens across state lines and to epstein in the caribbean. stephanie, what have we heard today? >> we have some breaking news, because there are four accusers in this case, and one of those accusers just took the stand. she is being called jane by the prosecution, and she alleges she was 14 years old at a summer camp when she first met epstein and ghislaine maxwell. according to the prosecutors, she went on to be sexually abused by epstein at the age of 15 and the age of 16. it's important also, because earlier in the day we heard from jeffrey epstein's pilot to his private jet. he talked about transporting the glitterati, kevin spacey and prince andrew on this jet, but he also says he remembers meeting this young woman jane. at the time he thought she looked immature, and that's the worked he used on the stand today. she was brought to the cockpit and he remembers specifically her blue eyes. so jane is taking the stand to tell her story. we'll learn more about the defense as the day goes on. >> the defense is saying ghislaine maxwell was an innocent bystander here. she was an alleged employee and had nothing to do with the sex trafficking ring. how are they defending her? >> what she's saying is they lured them with promises of money and gifts, sometimes money for education, promises that their dreams might be met, and then ended up duping them into a situation where they were abused by jeffrey epstein, and at times, ghislaine maxwell himself. she said, you know what, if jeffrey epstein had not taken his life, ghislaine maxwell would never be standing trial. we don't know if that's the case. they said she's only there as a fill-in for jeffrey epstein. >> and she's in solitary confinement? >> she's in solitary confinement. she's been in prison for over a year. they're keeping her separate so it's solitary, right? the conditions have not been great. her lawyers have repeatedly asked for her to be let out on bail and the judge repeatedly has said no. >> she has an interesting life story. she comes from a lot of money and a very rich lifestyle back in the u.k. thank you very much. how the supply chain crisis is making it harder to get a christmas tree, and also more expensive. we're going to follow a tree on a farm to new york city. and tiger woods makes his statement to the public about his car crash. what he sees in his future for the sport that made him an icon. . were delayed when the new kid totaled his truck. timber... fortunately, they were covered by progressive, so it was a happy ending... for almost everyone. like pulsing, electric shocks, sharp, stabbing pains, or an intense burning sensation. what is this nightmare? 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>> i think he's doing well, katy. i was surprised to see steve patterson surprised at how humbled he was -- not surprised at how humbled he was, but he is more humbled now. he understands what his body went through, i think he understands the danger of the car accident. he doesn't remember anything that happened at the time, but when he did realize it -- we asked him about that, but he said when he realized it, his first thoughts were, am i going to be able to live? am i going to see my children again? am i going to be able to walk and have both legs? there was about a 50-50 chance he would have one of those legs amputated at the hospital. then when he went home, they had a hospital bed moved into his house. he joked that he's built himself a very nice house, that he didn't realize how big the house was until he could no longer leave the house. he had to walk on crutches, taking a lot of time off in between, going from one room to the next. he wasn't able to go outside for nearly three months while he was in that hospital bed in his own home, and i think he understands just how lucky he is to be alive, how lucky he is that no one else was injured, and the fact that he was able to walk around. i saw him this morning for quite a long time at his event in the bahamas and at nassau for the hero challenge. he walked around confidently, so it was nice to see him walking around. >> he said someone upstairs was taking care of me, and i'm able to be here but walk out a prosthesis. we saw that crash, we saw the aerials from it right after it happened, and it was so horrific. and the imagery that was needed to get him out of that car, the jaws of life to cut him out, it was astonishing. steve sands, really quickly if you can, what sort of tournament should we expect him to play in next? i know he said not full-time, but he said there might be a one off here and there. what could we likely see? >> i think there is a chance he plays with his son charlie again in the pnc, which is in a couple weeks in orlando. that's when a father plays with a son or a parent plays with a relative. that could happen. it's a much shorter golf course, katy, it's something he could handle. he also wants to be with his son who were playing golf together. maybe look to the open championship on golf channel, usa and nbc in the summer. that's st. andrews, katy. he's won there twice. it's his favorite golf course on the planet, and it's not very long, it's also a very flat walk, which is important to his recovery. he could play in a couple weeks, i don't know. >> i like that plug. what a blessing to play your son. if nothing else, just to play with your son. steves, both sands and patterson, thank you for joining me in this happy story. coming up next, get them while they last. last. if you're washing with the bargain brand, even when your clothes look clean, there's extra dirt you can't see. watch this. that was in these clothes... ugh. but the clothes washed in tide- so much cleaner. if it's got to be clean it's got to be tide hygienic clean. hi susan! honey? yeah? i respect that. but that cough looks pretty bad... try this robitussin honey. the real honey you love... plus the powerful cough relief you need. mind if i root through your trash? now get powerful relief with robitussin elderberry. i hope you spent thanksgiving weekend getting a christmas tree. and if you didn't, you might want to consider doing it soon, as supply chain issues, along with global warming threaten availability and cost. why? dashah burns is here to tell us what it takes to get a tree from the farm to your living room. you're not at the christmas tree stand i went this weekend where i'm a little bit bitter for the price they charged me -- my producer is laughing because i've been griping about it all hour. tell me how christmas trees get to from where they're grown to the lot. >> things are pretty different this year. you notice that in your price tag. getting these trees to a new york city street corner is a difficult task on any year. but this year you've got labor shortages. you've got supply chain disruption. and you've got consequences from the 2008 recession, katie, that are now coming into effect and resulting in fewer trees on farms. watch. >> reporter: there's no place like new york city at christmas time, from the lights to the snowy surprises. >> wow, look. >> woah! >> reporter: to the tree vendors that put the merry in christmas all across the city. but it takes a lot of work to get a christmas tree to the streets of nyc. >> it takes about seven years to get that tree up to get ready to get it ready for a city. then you've got to harvest it. >> reporter: the trees start here on farms like allen's. >> you know, then you've got to get it on the truck, get it to the city. and that's a pretty tight schedule. >> reporter: but that tight schedule to get a tree from farm to city has been complicated this year by labor shortages and supply chain issues. >> it's hard to get labor right now. there's other people who have problems with trucking end of it. >> reporter: there are also fewer trees to be cut, a problem farmers trace back to the 2008 recession, when they couldn't afford to plant as many trees. and now more than a decade later -- >> we're lacking the trees. we don't have the supply of them because we've been downgrading. usually 6,000. we're down 2,500 this year. >> reporter: once allen's trees are cut and sheered, they're shipped to the city where vendors store them in queens until it's time to unload them in the east village for the holiday season. >> what starts off as an empty sidewalk is then flooded with lumber and trees and humans who just build and build. >> how much more difficult is it this year to make this all happen? >> a lot more. like a lot more difficult this year. we went to four different states. we called 200 farmers just to find the trees that we needed to find for this year. >> reporter: thanks to these challenges, you may be paying 25% to 50% more for your tree this year compared to five years ago. that's according to the national christmas tree association. and that's not the only holiday price hike. everything that you'll see at your typical christmas tree stand from the trees themselves to the tree stands to the lights, even the lumber has gone up in price and is harder to find. >> also the tree stands have gone up. there is a shortage of resin. they're having a hard time finding enough plastic to make the tree stands. of course the price of lumber, all the stuff we use to build our shops and a frames out here. we did have to raise the prices this year. >> for some customers that might mean a little modification. >> are you changing your christmas tree buying habits this year at all? >> a little bit smaller. >> reporter: smaller tree, but the joy still big. >> do you think the magic is still alive? >> i think there's no question the magic is still alive. you just have to look up and look around. in new york, we'll take care of it. >> reporter: katie, some of these supply chain challenges are just mind boggling. christmas tree stands, manufacturers can't find enough resin to make them. the lights, they are stuck in shipping ports. they're stuck in shipping containers and just can't get them delivered to folks. the wreaths that the tree riders are selling have gone up in price because at the nursery they can't find enough labor, enough workers. so, if you're looking for the perfect tree this year, especially one of these big, tall guys, you're going to want to get it early, get ready to pay more. and maybe this year you're going to want to supplement with other kinds of decorations and get creative. this is my personal favorite i discovered today and will be taking home with me. >> that is a very cute little reindeer. always keep your christmas tree stand. just wash it out and put it in storage. use it again the next year. >> reporter: that's right! >> yeah, keep it. thank you so much. and merry christmas, early christmas to everybody who's getting their tree. i hope the lighting of it brings joy to the entire household, especially those kiddos, like it did to mine over the weekend. that's going to do it for me today. hallie jackson picks up our coverage next. picks up our coverage next. small business prosper during their most important time of year. when you switch to t-mobile and bring your own device, we'll pay off your phone up to $1000. you can keep your phone. keep your number. and get your employees connected on the largest and fastest 5g network. plus, we give you $200 in facebook ads on us! so you can reach more customers, create more opportunities, and finish this year strong. visit your local t-mobile store today. 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