COVID-19 sent shockwaves to the global supply chain as the virus caused thousands of manufacturers to pause operations. Some experts predicted the supply chain would fully recover by the spring and summer of 2021, but due to the surge of the Delta variant and access to vaccinations not readily available in some countries, recovery has been drawn out.
According to the August ISM Manufacturing Report, disruptions from the pandemic, primarily in Southeast Asia, are having dramatic impacts on many industry sectors. Shutdowns, labor shortages, and overseas supply chain problems continue to limit manufacturing growth potential.