Lumber Shortage Is the Latest to Exhibit Supply Chain s Impact
Lumber is the latest in a string of COVID-19 shortages that shows the supply chain s impressive impact. But what is behind this shortage and what does the future hold?
May 10, 2021
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This year the price of homes and new builds skyrocketed, as a lumber shortage made its way throughout the United States. It is yet another impact from the Coronavirus (COVID-19) pandemic, one of many examples throughout that shows just how much impact the supply chain has throughout all facets of business.
But how has a virus caused the housing market to skyrocket while lumber and building materials run dry? Like so many disruptions in the supply chain this past year, it is a multitude of factors coming together.