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Bottlenecks, Shortages, and Soaring Prices in the U.S. Economy

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Abstract

Since the onset of the COVID-19 pandemic, sweeping production constraints, combined with surging demand in some industries, have led to shortages, severe congestion, and soaring prices. What will it take for these bottlenecks to resolve and for price pressures to ease?

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  • Deepa Dhume Datta & Laura Feiveson & Ekaterina V. Peneva & Gisela Rua, 2022. "Bottlenecks, Shortages, and Soaring Prices in the U.S. Economy," FEDS Notes 2022-06-24, Board of Governors of the Federal Reserve System (U.S.).
    • Handle: RePEc:fip:fedgfn:2022-06-24
    DOI: 10.17016/2380-7172.3153
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