Manufacturers struggled to ramp up production to meet rising demand, hampered by material and component shortages, labor shortages, difficulties in keeping employees because they’re going after better opportunities, long lead times, shipping delays, port congestion in the US and China, rolling blackouts in China, and transportation chaos. And facing soaring input costs, they’re jacking up prices at record pace. Can’t meet demand due to shortages of labor, components, and materials.
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