Wednesday, August 11, 2021

It's Not Just You

Most Americans are feeling the frustrations of supply chain problems, according to a Gallup survey. In the past two months, 60 percent of the public reports being unable to buy a product because of shortages. Almost as many—57 percent—have experienced a significant delay in receiving a product they have ordered. 

Overall, 71 percent of the public reports experiencing one of these two problems, and 46 percent report having both problems. 

"From the toilet paper shortage at the beginning of the pandemic to a car shortage today, Americans have experienced firsthand what it means when production constraints or a shortfall of critical manufacturing components means retailers can't keep up with demand," reports Gallup. 

According to results of the Census Bureau's latest Small Business Pulse Survey, fielded in mid-July, 39 percent of all small businesses have experienced domestic supplier delays in the past seven days—a record high. Among small businesses in retail trade, the 60 percent majority has experienced domestic supplier delays in the past seven days.

Source: Gallup, Most U.S. Consumers Have Felt Supply Chain Problems

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