Agriculture Apple Automobile Automotive Bank California Car China Coffee Computer Covid-19 E-Commerce Economy education Electronics Employee Export Exports Factory Guangdong Hacker Hong Kong HSBC iPhone IPO Logistics London Manufacturer Manufacturing Minerals
Bloomberg The World Economy Is Suddenly Running Low on Everything (Bloomberg) — A year ago, as the pandemic ravaged country after country and economies shuddered, consumers were the ones panic-buying. Today, on the rebound, it's companies furiously stocking up. Mattress producers to car manufacturers to aluminum foil makers are buying more material than they need to survive the breakneck speed at which demand for goods is recovering and assuage that primal fear of running out. The corporate buying and hoarding is pushing supply chains to the brink of seizing up. Shortages, transportation bottlenecks and price spikes are nearing the highest…
News Timeline:
Track the development of this news story across the Internet.