Supply Chain Disruptions Continue
Five key themes are combining to define the current economic environment. These include supply chain constraints, manufacturing optimism, inflationary pressures, a tight labor market and the rising risk of a COVID resurgence. Many industries continue to be plagued by supply chain disruptions, and the electronics industry is no exception. While pressure from these disruptions will improve in the coming months, we believe supply chain disruptions will continue to reverberate through the economy, and the electronics industry, well into next year.
In this month’s economic outlook report from IPC, you will find U.S. and European data on economic growth, employment, consumer sentiment, manufacturers’ sentiment (PMI), manufacturing capacity utilization and end markets for electronics.