Average supplier delivery times are at record levels - NewsBreak
By Austine in Business
Updated 3 years ago
It's taking longer for businesses to get stuff delivered from their suppliers. Why it matters: On one hand, supply chain delays are known to fan inflation as sellers can get buyers to pay higher prices for a smaller number of goods. On the other hand, these delays also reflect that the demand for goods remains robust, which is a bullish sign for the economy.