Peter Clark
@Peter.Clark · Updated 16 Dec. 2021

The supply chain shortage will cause prices for many products to increase, such as toys and decorations. This will make it harder to get people into the holiday spirit. Some people may choose to not have Christmas at all, rather than spend more money on decorations. The United States is in the middle of a major shortage in the supply of beef. This shortage is expected to continue into 2021. The current global supply chain shortage is due to the discovery of the disease in the country’s beef herd.

Rachael Davis
@Rachael.Davis · Updated 16 Dec. 2021

Several small, independent toy manufacturing plants have closed in the United States due to the high cost of shipping toys across the ocean. As a result, many children in the United States will not be able to enjoy Christmas shopping this year. What can be done to ensure that Christmas remains a holiday for all children in the United States? The global economy is slowing down because of the inventory shortage which will impact everyone. The United States is the largest economy in the world, but its GDP growth is only 1%. Japan is the second-largest economy, but its GDP growth is only 0.5%.