America made it through Christmas without too many bare shelves, despite historic port congestion. Goods were brought in early and shoppers shopped early. Holiday sales were up 11% from 2019, pre-COVID.
Consumer fears of a holiday shortage appear to have spiked in October, then pulled back as concerns lessened.
Google searches for the term “port congestion” were up 376% from the beginning of 2021 in the second week of October. Searches for the term “supply chain” peaked in the third week of...
https://www.freightwaves.com/news/new-year-brings-new-all-time-high-for-shippings-epic-traffic-jam