Skip to main content

Joe Biden hails supply chain win but problems persist

Economy And Jobs,Inflation,Supply Chains,Economic Policy,Trade,Consumers,Business,Holidays

From the Center

US President Joe Biden has said government measures to tackle global supply chain issues have averted a pre-Christmas crisis.

He was speaking ahead of a meeting with officials and company bosses, including transportation giant FedEx.

In June, he created a task force to address rising prices and shortages of goods caused by the pandemic.

However, some business owners and industry experts say American firms are still facing supply problems.

"The much-predicted crisis didn't occur," Mr Biden said ahead of a meeting with his Supply Chain Disruptions Task Force and corporate executives.

He went on to say that shop shelves are stocked at 90% of their full capacity and deliveries are happening at a faster rate than before the pandemic: "Packages are moving, gifts are being delivered, shelves are not empty."

AllSides Picks

More News about Economy and Jobs

News from the Left

News from the Center

News from the Right