That's not to say the supply chain nightmare
is over. It's not. And the situation may not get anywhere near back to normal anytime soon.
Businesses are still grappling with a troubling shortage of truck drivers
. Critical components, including computer chips
, remain scarce. And the Omicron variant threatens to put renewed pressure on supply chains.
Still, there is evidence that bottlenecks are beginning to unclog. That is encouraging given that unprecedented stress on supply chains has contributed significantly to historic levels of inflation in the United States.Read More