- Strong consumer demand is the main reason for supply snarls.
- Some experts still think the supply system is the bigger problem, though.
- But if demand is the problem, Fed rate hikes may help.
Supply chain bottlenecks that are disrupting deliveries to shoppers and businesses – while driving inflation to 40-year highs – mostly have been traced to pandemic-driven worker shortages at factories, ports and warehouses.
But some top analysts say there’s a bigger culprit: You.
Soaring consumer demand – for TVs, sofas, appliances and much more – is the predominant force behind the supply snarls rather than kinks in the global delivery network, these experts say.
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