The global supply chain nightmare is about to get worse
Computer chip shortages. Epic port congestion. And a serious lack of truck drivers. The world's delicate supply chains are under extreme stress.
The supply chain nightmare is jacking up prices for consumers and slowing the global economic recovery. Unfortunately, Moody's Analytics warns supply chain disruptions "will get worse before they get better."
"As the global economic recovery continues to gather steam, what is increasingly apparent is how it will be stymied by supply-chain disruptions that are now showing up at every corner," Moody's wrote in a Monday report.