Shortage

Nearly Half of Prospective Home Buyers Under 45 Have Considered or Are Considering Moving Out of Ontario Due to Housing Affordability

Retrieved on: 
Tuesday, July 13, 2021
Articles, Economy, Market, Scarcity, Affordable housing, Economic inequality, Shortage

More than half of these aspiring buyers (56%) are pessimistic about the possibility of buying a home in the community they want to live in.

Key Points: 
  • More than half of these aspiring buyers (56%) are pessimistic about the possibility of buying a home in the community they want to live in.
  • Not addressing the housing supply shortage could have a detrimental effect on Ontarios competitiveness and ability to retain talent.
  • The majority (68%) agree that there are things the Ontario government could do to make the housing market more affordable.
  • Almost half of Ontarians believe that residential construction will be key to economic growth and job creation when the pandemic is over.

ZK International Looks to Supply International Markets That Face Shortages in Construction Materials

Retrieved on: 
Monday, June 21, 2021
Computing, Market, Scarcity, Ajax, Java enterprise platform, Java platform, ZK, Shortage, Economy

The shortages of piping fixtures across Europe and North America are creating an opportunity for ZK to take its international sales to a new level.

Key Points: 
  • The shortages of piping fixtures across Europe and North America are creating an opportunity for ZK to take its international sales to a new level.
  • Mr. Jiancong Huang, Chairman and CEO of ZK International, stated, "Due to the pandemic, we see a big gap between the supply and demand which creates a great opportunity for ZK to expand its international base.
  • ZK currently exports its products to 14 countries in Europe and has no export sales in US at this point.
  • ZK is looking to supply its products to distributors in the UK as builders continue to face material shortages, delays, and disruptions as the construction boom continues to drive demand.

New Report Confirms Demand for High-Skilled Foreign Workers Continues Despite COVID-19 Pandemic's Impact on Labor Market and Economy

Retrieved on: 
Thursday, June 10, 2021
Articles, Contemporary history, Price controls, Health, Market, Scarcity, Shortage, Workforce, COVID-19 pandemic

Failure to enable employers to fill critical workforce gaps hampers their ability to fulfill their economic potential, stymieing economic growth nationwide.

Key Points: 
  • Failure to enable employers to fill critical workforce gaps hampers their ability to fulfill their economic potential, stymieing economic growth nationwide.
  • The report, How Has Demand in Sectors Dependent on Specialty Skills Changed Due to COVID-19?
  • Despite the economic upheaval of the pandemic, there remains a shortage of highly skilled workers to meet the persistent demand of employers.
  • In fact, computer-related jobs made up 69.6% of all foreign labor requests in FY2020, a slight increase from FY2019 despite the COVID-19 pandemic.

Digi-Key Electronics Partners with Rochester Electronics to Help Provide an Ongoing Supply of Critical Components

Retrieved on: 
Tuesday, June 8, 2021
Digi-Key, Digi, Economy, Supply chain, Rochester, New York, Shortage, Industrial organization, Articles

The COVID-19 pandemic and many other supply chain factors have placed significant strains on the electronic components supply chain, with shortages rampant throughout the industry.

Key Points: 
  • The COVID-19 pandemic and many other supply chain factors have placed significant strains on the electronic components supply chain, with shortages rampant throughout the industry.
  • The Digi-Key and Rochester partnership is great for our customers as we are both privately owned companies that are customer value driven first and foremost.
  • "It has been a very rewarding experience working with the Digi-Key Marketplace team," said Christa Brooks, channel sales manager for Rochester Electronics.
  • While Digi-Key anticipates the overall component shortages in the industry will likely last into 2022, the Rochester Electronics partnership is helping continuity of supply for Digi-Key customers.

Consumers Feeling the Effects of Materials Shortages

Retrieved on: 
Wednesday, June 2, 2021
Supply chain management, Distribution, Freight transport, Supply chain, Economy, Shortage, Articles, Management

As a result, experts say this might be a good time for consumers to sell their used cars, which are fetching top dollar.

Key Points: 
  • As a result, experts say this might be a good time for consumers to sell their used cars, which are fetching top dollar.
  • He believes consumers should expect to deal with supply shortages during the next year and maybe longer.
  • Its starting from the raw materials being in short supply and working through the supply chain, Menachof said.
  • The materials shortages will be a major topic for FAUs Master of Science in Supply Chain Management .

Report: As COVID-19 Recedes, Labor Shortages Return as a Key Challenge for US Companies--and Opportunity for American Workers

Retrieved on: 
Friday, May 28, 2021
Workforce, Market, Scarcity, Shortage, Employment, Economy, Articles, Labor, Employment classifications

Labor shortages appeared to be a thing of the past for the foreseeable future.

Key Points: 
  • Labor shortages appeared to be a thing of the past for the foreseeable future.
  • Labor Shortages Are Making a Comeback , a new report from The Conference Board, examines the unique factors and long-run forces driving this return to extremely tight labor markets.
  • Because the pandemic was riskier for older workers, some may have had more incentive to leave the labor force.
  • While employers may struggle, the tight labor market is great news for workers especially those in the lower-paid jobs facing major shortages.

Professional Truck Driver Shortage May Worsen Pipeline Fuel Crisis

Retrieved on: 
Friday, May 14, 2021
Market, Scarcity, Truck driver, Shortage, Truck, Economy, Human activities

(1) To make up for the shortfall, numerous states will have to rely on alternative suppliers, including professional truck drivers to transport fuel.

Key Points: 
  • (1) To make up for the shortfall, numerous states will have to rely on alternative suppliers, including professional truck drivers to transport fuel.
  • However, this sudden increase in demand for new suppliers is only being exacerbated by the ongoing shortage of professional truck drivers, especially those with hazmat and tanker qualifications.
  • (3) This situation may lead to gas shortages in numerous eastern states.\nThe global pandemic further accelerated the driver shortage.
  • "Truck driver shortage leads to job opportunities in a matter of weeks."

Telmisartan Market Size to Reach $4.25 Bn, Globally, by 2027 at 3.4% CAGR: Allied Market Research

Retrieved on: 
Tuesday, April 6, 2021
Articles, Contemporary history, Health, Benzimidazoles, Telmisartan, Angiotensin II receptor blocker, COVID-19 pandemic, Shortage

According to the report, the global telmisartan market size generated $3.45 billion in 2019, and is expected to reach $4.25 billion by 2027, manifesting a CAGR of 3.4% from 2020 to 2027.

Key Points: 
  • According to the report, the global telmisartan market size generated $3.45 billion in 2019, and is expected to reach $4.25 billion by 2027, manifesting a CAGR of 3.4% from 2020 to 2027.
  • However, drug shortages of telmisartan tablets hinder the market growth.
  • On the other hand, high growth potential in developing countries is expected to create new opportunities in the next few years.
  • The outbreak of covid-19 impacted the manufacturing facilities and disrupted the supply chain, thereby creating a shortage of telmisartan tablets.

Telmisartan Market Size to Reach $4.25 Bn, Globally, by 2027 at 3.4% CAGR: Allied Market Research

Retrieved on: 
Tuesday, April 6, 2021
Articles, Contemporary history, Health, Benzimidazoles, Telmisartan, Angiotensin II receptor blocker, COVID-19 pandemic, Shortage

According to the report, the global telmisartan market size generated $3.45 billion in 2019, and is expected to reach $4.25 billion by 2027, manifesting a CAGR of 3.4% from 2020 to 2027.

Key Points: 
  • According to the report, the global telmisartan market size generated $3.45 billion in 2019, and is expected to reach $4.25 billion by 2027, manifesting a CAGR of 3.4% from 2020 to 2027.
  • However, drug shortages of telmisartan tablets hinder the market growth.
  • On the other hand, high growth potential in developing countries is expected to create new opportunities in the next few years.
  • The outbreak of covid-19 impacted the manufacturing facilities and disrupted the supply chain, thereby creating a shortage of telmisartan tablets.

Bird-X, Inc Supplies Bird Netting Despite Industry Professionals Reporting Shortage

Retrieved on: 
Friday, March 26, 2021
Bird pest control, Articles, Bird netting, Bird control, Economy, Inventory, Shortage, Set-off, Working capital management

26, 2021 /PRNewswire-PRWeb/ --Trusted bird control supplier for over 50 years, Bird-X, has inventory of professional-grade bird netting despite recent reports of an international bird netting shortage.

Key Points: 
  • 26, 2021 /PRNewswire-PRWeb/ --Trusted bird control supplier for over 50 years, Bird-X, has inventory of professional-grade bird netting despite recent reports of an international bird netting shortage.
  • Industry professionals have been reporting unanticipated difficulty obtaining bird netting needed for bird control jobs.
  • Bird netting is among the most effective methods to exclude wildlife from designated areas and is considered an essential piece of equipment for bird control professionals worldwide.
  • In spite of this shortage, Bird-X confirms that the company has bird netting in stock and is able to meet supply demands during this reported shortage.