Heard on the Street: Bottlenecks could be starting to ease, but individual companies tend to underestimate the scope of global supply-chain problems
Not for the first time this year, analysts are optimistic that supply shortages are easing and will be fixed within three to six months. There is reason to be skeptical of this figure—even without cheering for tighter monetary policy.
Delivery times for firms ordering supplies have stopped getting longer, according to purchasing managers’ surveys in the U.S. and Europe . Global shipping rates seem to have peaked, and Asian factories are reopening. Some retailers say they are already well-stocked ahead of the Christmas season.
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