From Chicken Wings To Mother’s Day Flowers, Here Are The Shortages You Need To Know About—Plus A Few Gluts
- Date: 08-May-2021
- Source: Forbes
- Sector:Economy
- Country:Middle East
From Chicken Wings To Mother’s Day Flowers, Here Are The Shortages You Need To Know About—Plus A Few Gluts
Alea Hurst and Renee Hurst prepare orchids that will be placed in Mother's Day floral arrangements at Rolling Hills Flower Mart, in Redondo Beach on Thursday, May 7, 2020.
The coronavirus pandemic has snarled global supply chains and scrambled supply and demand forecasting for manufacturers across all sorts of industries, from electronics to lumber to poultry. Factory closures, shipping delays, and logistics challenges, coupled with major changes in consumption patterns thanks to lockdowns, capacity and travel restrictions and fear, have created a series of shortages and gluts in the global economy. In many cases mismatches of supply and demand have driven up prices, sparking inflation fears.
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