Definition
The whole path a product takes from raw materials to factories to shipping to store shelves.
The story
In 2021, as demand roared back from the pandemic, factory shutdowns, port backups and shipping shortages snarled supply chains, leading to shortages and higher prices. Tariffs and conflicts, like the disruption around the Strait of Hormuz, can strain them too.
Why markets watch it
Supply chain problems can push up inflation even when demand isn't especially strong.
Connects to
We explain why it moves markets. What you do with it is your call. Commentary and education only. Not financial advice. All terms