The Real Economy: September 2021
Supply chain bottlenecks and churn in the labor market
THE REAL ECONOMY |
Authored by RSM US LLP
Everything from semiconductors to employees is in short supply as the economy recovers from the shock of the pandemic and as some workers, especially those in lower-paid service jobs, rethink their place in the labor force.
The disruptions linked to the delta variant around the world have been severe enough to represent risks to RSM’s growth forecast of 5% for the global economy and 6.6% for the U.S. economy this year and could lead to further price volatility. Learn more from RSM Chief Economist Joseph Brusuelas.
In this month’s The Real Economy, we explain what’s behind the bottlenecks in the supply chain and the churn in the labor market. We also look at why inflation expectations remain subdued; the boom times in private equity, especially in the middle market; the surge in technology initial public offerings; and why the push to get workers back in the office has slowed in the technology sector.
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This article was written by Joe Brusuelas and originally appeared on 2021-09-08.
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