Page 3 - Tom Derry News Today

In an economy upended by the coronavirus, shortages and price spikes have hit everything from lumber to computer chips. Not even toilet paper escaped.

In an economy upended by the coronavirus, shortages and price spikes have hit everything from lumber to computer chips.

Petrochemical companies — from paints to plastics— have experienced a variety of production hurdles, including the weather.

Petrochemical suppliers have run into problems throughout 2021 alongside the pandemic — all conspiring to disrupt production and raise prices.

WASHINGTON (AP) — Game maker Eric Poses last year created The Worst-Case Scenario Card Game, making a wry reference to the way the coronavirus had upended normal life. He had no idea. In a twist that Poses never could have predicted, his game itself would become caught up in the latest fallout from the health crisis: a backlogged global supply chain that has delayed shipments around the world and sent freight costs rocketing.

ISM® A rate of 62.7% means the economy is growing. The report cited a shortage of construction contractors as the top economic concern in the services sector in April. Due to high demand and shortage of supply of goods and services, pricing is experiencing inflationary pressures, which should be short lived. Construction experienced the highest price increases of all 18 services industries. The business activity index was at its highest since 1997. Economic growth in April was str...