The semiconductor crunch, which has haunted the electronics and car industry since the start of the pandemic, has now become a glut, as demand for chips slows and companies start to horde chips. The two-year pandemic had caused a severe supply chain shortage of computer chips for manufacturers of computers, smartphones, and cars. In three…
Semiconductor Crunch Becomes a Glut Amid Slowdown in Demand, Hoarding
Semiconductor Crunch Becomes a Glut In Some Sectors Amid Slowdown in Demand, Hoarding
The semiconductor crunch, which has haunted the electronics and car industry since the start of the pandemic, has now become a glut in some sectors, as demand for chips slows and companies start to hoard chips. The two-year pandemic had caused a severe supply chain shortage of computer chips for manufacturers of computers, smartphones, and…
Most Firms Expect Inflation to Stay Above 3% Over the Next Two Years: Bank of Canada Survey
More than two-thirds of Canadian firms are expecting inflation to stay above 3 percent over the next two years, says a new survey from the Bank of Canada. Released on April 4, the online survey conducted between March 4 and March 10 asked 152 firms about their expectations for the country’s inflation rate in the coming years….
Large Retailers Cite Increasing Demand For Baby Formula Amid Supply Chain Issues
It’s getting harder to find certain infant formulas at larger retail stores as they struggle to overcome supply chain issues amid an increase in demand. “Product supply challenges are currently impacting most of the retail industry,” CVS Health said in a statement to The Epoch Times. “We’re continuing to work with our national brand baby…
Large Retailers Struggle With Shortages on Some Baby Formulas
It’s getting harder to find certain infant formulas at larger retail stores as they struggle to overcome supply chain issues amid an increase in demand. “Product supply challenges are currently impacting most of the retail industry,” CVS Health said in a statement to The Epoch Times. “We’re continuing to work with our national brand baby…
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- Nicholas DolingerA new release by Rasmussen shows consumer confidence in the U.S. economy increasing slightly from last month, but the economic outlook remains far below the pre-COVID-19 pandemic economy. The latest… [...]
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