Shortage

Looming Water Crisis – What can YOU do to Conserve Water?

Sunita Kumari
23 February 2023

Looking at the droplet in the infographic, only 2.6% of the world’s water supply is fresh water, while the rest is salt water; unsuitable for consumption by living things. The distribution of fresh water is so uneven globally that according…

Addressing the Micro-Chip Shortage Nationwide

Sunita Kumari
20 September 2022

The COVID-19 pandemic from mid-March 2020 caused massive lockdown of chip producing companies for months. And now, two and a half years later, as the pandemic is subsiding and consumption is picking up, the shortage of the chips for semiconductors…

Baby Formula Crisis!

Sunita Kumari
23 June 2022

Events leading up to the current baby formula crisis is summarized in the CNBC video released on June 15th 2022: In February 2022, the baby formula company, Abbott Nutrition, recalled and shut down its Michigan manufacturing plant – that produced…

Out of toilet paper? …Again!

Sunita Kumari
29 October 2021

The wholesaler company, Costco, started limiting the number of bundled toilet paper-rolls each membership cardholder could buy per visit recently, in late September 2021. The last time it did this was at the beginning of the pandemic back in March…

Mark-ups in the Used Car Market

Michael Coon
16 July 2021

The past few months has seen a dramatic increase in the demand for vehicles. As cities begin to reopen, households are looking to purchase new cars to drive to the office and go on road trips. However, as noted in…

Moving to the Beach? Tourists Rent U-Hauls to Avoid High Rental Car Prices

Michael Coon
24 May 2021

In response to the drastic reduction in global travel that began in March 2020, rental car companies were forced to reduce costs in order to remain in business. One major cost-reduction maneuver was reducing their fleet size, i.e. selling their…

Gasoline Pipeline Hack Causes Fuel Shortage on East Coast

NickelsMcHughMcHugh
14 May 2021

Last week, hackers began a ransomware attack on the Colonial Pipeline, a major conduit that supplies nearly half of the East Coast’s oil. The hack completely shut down petroleum transportation as the Colonial Pipeline Company “proactively took certain systems offline…

Restaurants Struggle to Fill Vacant Job Openings

NickelsMcHughMcHugh
23 April 2021

After experiencing the worst year for the hospitality industry in U.S. history, restaurants and bars are beginning to bounce back as vaccinated Americans reemerge into the world and Covid-19 restrictions ease. For instance, sales at the Miami coffee shop and…

The Geopolitics of the Global Semiconductor Chip Shortage

Veronica Horton
16 April 2021

This video explores the global shortage of semiconductors, the tiny chips used as the brains for everything from cars to jets to washing machines. While market forces might usually work to bring supply and demand together, the COVID-19 pandemic disrupted…

Chicken Little is an Increasingly Rare Bird

EVs: Driving Change at Convenience Stores

Who’s In The Driver’s Seat: The Changing Dynamics of Auto Production

China’s Population is Declining – Too hot, too cold, or just nice for its Economic Development?

The Externalities Effect of Child Firearm Fatalities in the States

Why is Everything Getting So Expensive?

Understanding the U.S. Labor Market – A January 2023 Snapshot

The New Economics of Car Production