It isn’t just toilet paper. Experts warn many products will be hard to find, especially the staples of family life. It is a problem in a reality where America is depending on other countries. Fear is fear, and these empty shelves are feeding that panic. Christmas is approaching, but will America be able to get gifts, turkeys, and Christmas trees in time?
Here’s a rundown of some of the worst predicted shortages, along with their causes:
Let’s start with the one that’s simple to understand. A scarcity of microchips has impeded global automobile manufacturing.
Semiconductors chips are critical to keeping manufacturing lines operating since that every new vehicle is essentially a computer on wheels.
However, since carmakers stopped down during the coronavirus epidemic, microchip producers shifted chips that would usually go into those vehicles to the consumer electronics sector.
Because there are fewer new vehicles on the market, the price of sought-after used cars has risen. According to industry insiders, the supply problem is unlikely to be resolved soon.
Ola Källenius, the CEO of Daimler and Mercedes-Benz in Germany, told the BBC earlier this month that the chip scarcity may last until 2022 or perhaps 2023.
The administration is quick to point out that there is no real gasoline scarcity in the United States right now. It claims that there is plenty at the refineries; the issue is getting it to the gas stations.
That is correct. If you’re in a line of vehicles waiting to fill up your tank, though, you may not notice the difference.
The government has just sent the army to assist alleviate the issue, which is being exacerbated by a lack of heavy goods truckers who can make deliveries.
According to industry estimates, there is a 100,000-person shortage.
Meanwhile, an increase in wholesale gasoline costs has driven pump prices to an eight-year high.
A number of food sector organizations have warned that unless action is done to solve the labor shortages, panic purchasing will occur this Christmas.
In the run-up to Christmas, parents are usually in a frantic hurry to get their children the newest must-have item.
However, supplies are expected to be much scarcer this year.
The issues in this instance, like those in the automobile industry, are worldwide. Around 70% of the world’s toys are manufactured in China, and the cost of transporting them to the United States has skyrocketed.
Because containers are limited in Asia as a result of the pandemic’s impact on worldwide supply chains, shipping costs have risen tenfold.
Even if containers can be found, shipping times have increased, leaving less time to get toys into stores before the holiday season.
The Toy Retailers Association has warned that consumers may have difficulty finding what they want, while John Lewis has said that it would lease a fleet of additional ships to ensure that it gets Christmas goods on time.
In addition, the “perfect storm” of labor shortages, transportation prices, and labor restrictions may result in a Christmas tree shortage this year.
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