What’s causing America’s massive supply-chain disruptions?
Economy And Jobs,Supply Chains,Inflation,Coronavirus Recovery
As the U.S. economy struggles to fully recover from the coronavirus pandemic, supply-chain disruptions across the country are driving up prices and leading to a growing shortage of goods.
The supply chain bottlenecks -- around the world -- have caused record shortages of many products that American consumers are used to having readily available, from household goods to electronics to automobiles.
Moody’s Analytics has warned that problems "will likely 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 report.
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