How Are Governments Reacting to the Chip Shortage?

By Logan Wamsley

The global semiconductor and chip shortage has been an issue throughout the pandemic, and indeed was the focus of one of U.S. President Biden’s first executive orders. Such a focus appears to be continuing, as reports have emerged that the president has recently met with administration officials to discuss a potential bill to boost U.S…

Recession, Stagflation Possibilities Are 50/50 at Best

By Logan Wamsley

Much of the recent media cycle has been dedicated to speculation regarding the potential for an economic recession, not just in the U.S. but across the world. But how likely is it at this point that a recession will actually occur? That question is difficult to answer with certainty, but most economists at this point…

Inflation Hits a New High. What Can Manufacturers Do?

By Logan Wamsley

A new report was just issued by the U.S. Labor Department containing the latest inflation figures, and despite significant interest rate hikes by the Federal Reserve with more promised by the end of the year, the news is worse than even the worst estimates predicted. According to the report, prices raised 9.1% from a year…