Tariffs could trigger shortages and supply chain snarls, similar to what was seen when the pandemic cut off lines to Chinese manufacturers. Are the workarounds small business used then still valid now?
The economy might still be growing, but the manufacturing industry is not. It contracted again this month—this time with some of the worst indicators we’ve seen all year.
Businesses have spent the last year and a half trying to whittle down excess inventories. Some businesses still have work to do, but others are likely to build those inventories up this year.