The inventory gluts caused by inflationary conditions aren’t going to be worked off quickly, according to an exclusive CNBC Supply Chain Survey.
A former FDA official told lawmakers that dysfunction within the agency exacerbated last year’s nationwide infant formula shortage.
Sales of Ford’s F-Series pickups increased 22% last month compared with a year earlier, including a spike in sales of its electric F-150 Lightning.
The U.S-China trade relationship has endured Covid and tariffs. Now alleged spy balloons are giving industries like retail another reason to move manufacturing.
Inflation has dropped rapidly helping the Fed and economy, but there’s a sticky source in the supply chain related to inventory gluts and weak consumer demand.
Boeing’s orders and deliveries rose last year as travel rebounded.
The price of platinum is up over 20% since late September, and the metal is set to experience its best quarter since 2009.
Mainland China’s reopening came sooner than expected for investors, and Goldman Sachs warns it will bring a short-term strain in workforce and supply chains.
More than half of logistics managers surveyed by CNBC do not expect the supply chain to return to normal until 2024 or after.