How American shoppers broke the supply chain

Read the full story in Time.

Usually consumer spending is good for the economy, but the bottlenecks created by America’s huge appetite are becoming a problem for economic growth. The U.S. economy grew at a rate of just 2% from July to September, the Commerce Department said last week, down significantly from the 6.7% it grew the quarter before, largely because of supply chain bottlenecks that have made it harder for consumers to buy all the things they want.

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.