Between the trade wars that took over 2019, market volatility on oil prices and COVID-19, U.S. manufacturers cannot catch a break.
While economic indicators have not yet reflected the full extent of the damage wrought by the coronavirus crisis, many manufacturers say if things don’t improve in the next two to three months, jobs will be lost and companies shut down.
“Our supply chain has been disrupted in every possible scenario, including from shipping and deliveries…The delays are bad and there is no communication from our logistics partners,” said Qais Alkurdi, owner of Temecula, California-based SirCom, which makes early-warning systems for military bases, schools and hospitals. “We expect deliveries one day, we get them the next,”
READ MORE AT THE INVISIBLE HAND