Shortage

Core Launches Construction Marketplace to Grow Jobs & Help Solve Labor Shortage

Retrieved on: 
Monday, September 21, 2020

Core bridges the gap between employers and the skilled labor workforce and was built to serve as a transformative solution, addressing the massive labor shortage for the worlds largest industry.

Key Points: 
  • Core bridges the gap between employers and the skilled labor workforce and was built to serve as a transformative solution, addressing the massive labor shortage for the worlds largest industry.
  • Co-founded by serial entrepreneur and angel investor, Di-Ann Eisnor, formerly of Waze (Google) , Core is a construction labor marketplace that matches construction/trade workers with general contractors, subcontractors, and companies.
  • She launched Core with the mission of serving the workers she grew up with and helping an industry rife with labor problems.
  • Core matches employers with a skilled labor workforce to help solve the massive labor shortage for the worlds largest industry.

Home Values Soar Even Higher In August As Inventory Tightens

Retrieved on: 
Friday, September 18, 2020

SEATTLE, Sept. 18, 2020 /PRNewswire/ --Pressure from this summer's housing inventory shortage caused U.S. home values to rise sharply in August.

Key Points: 
  • SEATTLE, Sept. 18, 2020 /PRNewswire/ --Pressure from this summer's housing inventory shortage caused U.S. home values to rise sharply in August.
  • Markets with the highest year-over-year increases in home values were Phoenix (10.5%), San Jose (10.3%) and Seattle (9.2%).
  • The smallest year-over-year gains in home values among major metros were seen in Chicago (1.9%), New York (2.3%) and San Francisco (2.7%).
  • Still, the shortage of inventory should keep housing markets unusually tilted in sellers' favor this autumn."

COVID Baking Boom Boosts Egg Carton Demand

Retrieved on: 
Wednesday, September 9, 2020

Consequently, US food retailers faced an egg shortage and egg prices began to spike , leading a number of retail outlets began instituting rationing policies to help increase availability.

Key Points: 
  • Consequently, US food retailers faced an egg shortage and egg prices began to spike , leading a number of retail outlets began instituting rationing policies to help increase availability.
  • Additionally, as egg producers shifted their supply from foodservice outlets to supermarkets, significant pressure was exerted on the inventory of retail egg cartons, leading to a shortage.
  • Nonetheless, tightness in egg carton supplies has begun to ease as fears of egg shortages have relaxed and as panic buying by consumers has tapered off.
  • Demand for eggs and egg cartons is expected to return to a more stable pattern over the long term.

Challenges in Ube Supply From High Demand Causes a Shortage

Retrieved on: 
Wednesday, August 19, 2020

PITTSBURG, Calif., Aug. 19, 2020 /PRNewswire/ --Due to high demand, Ramar Foods announces a shortage on its ube (purple yam) supply.

Key Points: 
  • PITTSBURG, Calif., Aug. 19, 2020 /PRNewswire/ --Due to high demand, Ramar Foods announces a shortage on its ube (purple yam) supply.
  • The all-natural ube supply is experiencing a shortage.
  • "Ube is a winter crop and it was not abundant during the summer season," explains Jojo Bronoza, a Representative from Ramar Foods.
  • The challenges in supply come from the high demand in the Asian American market, logistics, and supply issues caused by COVID-19.

The Change Shortage is Making Change.

Retrieved on: 
Monday, July 20, 2020

As a result, loose change has stayed piled up on the dresser or collected in the change jar.

Key Points: 
  • As a result, loose change has stayed piled up on the dresser or collected in the change jar.
  • TokensDirect has been monitoring the current coin shortage in the United States as a result of the COVID-19 pandemic.
  • Coin operated businesses do not want to be caught with a change shortage again, causing many to make the move to tokens.
  • The lack of change is bringing change with the assistance of TokensDirect and Van Brook of Lexington.

Prices of Affordable Homes Jumped 5.5% During the Pandemic

Retrieved on: 
Friday, June 26, 2020

Price growth began accelerating for affordable homes and decelerating for expensive homes shortly after the World Health Organization declared COVID-19 a pandemic on March 11.

Key Points: 
  • Price growth began accelerating for affordable homes and decelerating for expensive homes shortly after the World Health Organization declared COVID-19 a pandemic on March 11.
  • The jump in prices of affordable homes is tied to a shortage in the number of affordable homes on the marketan issue that has plagued house hunters since 2012 and is showing no signs of letting up.
  • The gap between the supply of affordable and expensive homes widened further as the coronavirus pandemic worsened.
  • During any economic downturn, buyers tend to flock to more affordable homes, reducing inventory and driving up prices in that segment of the market.

Increased Demand Post-COVID-19 Threatens Trucker Shortage

Retrieved on: 
Monday, June 8, 2020

"The danger lies in the future when demand picks up post-COVID while there is a serious lack of new drivers to meet them."

Key Points: 
  • "The danger lies in the future when demand picks up post-COVID while there is a serious lack of new drivers to meet them."
  • According to the American Trucking Associations, the labor shortage in the U.S. trucking industry (in terms of unfilled positions) is roughly 60,000 drivers.
  • (2) Kearney does mention that typically, such shortage would not pose too great of a danger.
  • "Currently, demand is down," Kearney says, "so while there is a slight shortage, it is not detrimental in the current time because consumer demand is not as high as when the economy is running normally."

Coronavirus Impact on PPE and Ventilators, Beroe Analysis

Retrieved on: 
Wednesday, June 3, 2020

COVID-19 has had a major impact on the supply-demand gap, with a 1,000- 2,000 fold increase for a few PPE products, raw material shortages increasing by over 10 percent, and increased production of more than 100 percent.

Key Points: 
  • COVID-19 has had a major impact on the supply-demand gap, with a 1,000- 2,000 fold increase for a few PPE products, raw material shortages increasing by over 10 percent, and increased production of more than 100 percent.
  • The U.S. dependency on imports for PPE related products such as masks is very high.
  • There has been a major impact on global logistics due to reduced transportation and availability of workforce.
  • There are also excessive mark-ups, with distributors accused of stockpiling goods to create perceived shortages and selling later at inflated prices.

Coronavirus Impact on PPE and Ventilators, Beroe Analysis

Retrieved on: 
Wednesday, June 3, 2020

COVID-19 has had a major impact on the supply-demand gap, with a 1,000- 2,000 fold increase for a few PPE products, raw material shortages increasing by over 10 percent, and increased production of more than 100 percent.

Key Points: 
  • COVID-19 has had a major impact on the supply-demand gap, with a 1,000- 2,000 fold increase for a few PPE products, raw material shortages increasing by over 10 percent, and increased production of more than 100 percent.
  • The U.S. dependency on imports for PPE related products such as masks is very high.
  • There has been a major impact on global logistics due to reduced transportation and availability of workforce.
  • There are also excessive mark-ups, with distributors accused of stockpiling goods to create perceived shortages and selling later at inflated prices.

ViraxClear Provides Update on Sales Platform and Increases Access to PPE Stock with Supply Agreement

Retrieved on: 
Monday, May 11, 2020

SBD does not currently have purchase orders in hand with relation to this agreement.

Key Points: 
  • SBD does not currently have purchase orders in hand with relation to this agreement.
  • The Promask KN95 Masks are CE marked, allowing for sales to the European market and are available for sale to the United States.
  • James Foster, ViraxClear CEO, states, This Contract provides ViraxClear with a substantial and ongoing supply of masks from a reliable source to fulfil demand in markets experiencing a shortage of PPE.
  • Pursuant to recent PPE supply contracts, customers will be able to order KN95 Masks, as well as the ViraxClear Test Kits.