Sunday, March 21, 2021

Gonna get worse-----Houses, cars, bikes are getting costly due to a global supply shortage

Houses, cars, bikes are getting costly due to a global supply shortage
  • Houses, cars, bikes, electronics, and other goods are getting pricier due to a supply shortage.
  • A fiscal stimulus and vaccine rollout has left Americans ready to spend, sending demand soaring.
  • But firms underestimated demand, US shipping ports are congested, and the Texas freeze made it all worse.

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