- October 1, 2021
- Posted by: Stratford Team
- Category: Business
Business leaders have struggled to figure out the next phase of the pandemic, leading to large swings in confidence levels, the index shows. People were feeling good as COVID-19 case counts fell and vaccinations became widely available during the summer, but that optimism was premature, Brian Lewandowski, executive director of CU’s Leeds Business Research Division, said during a conference call.
“It looked like we were sort of through the worst of it and we’re really not … and I think these businesses are reflecting on that as well as new concerns that are popping up,” Lewandowski said.
Supply-chain issues have dogged businesses from apparel makers to electronics manufacturers since the pandemic started — and appear to be getting worse. Roughly three-quarters of respondents to the CU survey reported disruptions in their supply chains, with 22 percent classifying those disruptions as significant.
It’s not clear what it will take to…