- Strong consumer demand is the main reason for the supply grunts.
- However, some experts still believe that the supply system is the biggest problem.
- But if demand is the problem, Fed rate hikes can help.
Supply chain bottlenecks disrupting deliveries to buyers and businesses – while pushing inflation to 40-year highs – have mostly been blamed on labor shortages caused by the pandemic in factories, ports and warehouses.
But some top analysts say there’s a bigger culprit: you.
According to these experts, growing consumer demand – for televisions, sofas, appliances and more – is the predominant force behind supply grunts rather than problems in the global delivery network.