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	<title>Shortage &#8211; Precision Background Screening</title>
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		<title>The Great Shortage Crisis</title>
		<link>https://precisionbackgroundscreening.com/the-great-shortage-crisis/</link>
				<pubDate>Mon, 13 Jun 2022 07:15:05 +0000</pubDate>
		<dc:creator><![CDATA[Precision Background Screening]]></dc:creator>
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		<category><![CDATA[Shortage]]></category>
		<category><![CDATA[Shortages]]></category>
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				<description><![CDATA[<p>If you think the pandemic-era shortage problems are fading away, think again. An ongoing shortage of baby formula due to a wide-ranging manufacturer recall has been causing hardships for families in recent months. Production recently resumed at a previously-closed plant,</p>
<p>The post <a rel="nofollow" href="https://precisionbackgroundscreening.com/the-great-shortage-crisis/">The Great Shortage Crisis</a> appeared first on <a rel="nofollow" href="https://precisionbackgroundscreening.com">Precision Background Screening</a>.</p>
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<figure class="wp-block-image size-large"><img src="https://precisionbackgroundscreening.com/wp-content/uploads/2022/06/Out-of-Stock-1024x684.jpg" alt="The shortage crisis may be here for a while." class="wp-image-1873" srcset="https://precisionbackgroundscreening.com/wp-content/uploads/2022/06/Out-of-Stock-1024x684.jpg 1024w, https://precisionbackgroundscreening.com/wp-content/uploads/2022/06/Out-of-Stock-300x200.jpg 300w, https://precisionbackgroundscreening.com/wp-content/uploads/2022/06/Out-of-Stock-768x513.jpg 768w, https://precisionbackgroundscreening.com/wp-content/uploads/2022/06/Out-of-Stock.jpg 1080w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<p>If you think the pandemic-era shortage problems are fading away, think again.</p>



<p>An ongoing shortage of baby
formula due to a wide-ranging manufacturer recall has been causing hardships
for families in recent months. Production recently resumed at a
previously-closed plant, but meanwhile the crisis is still persisting.</p>



<p>It’s not just baby formula. While
many of the shortages from the pandemic’s early days have abated and hand
sanitizer and toilet paper are now plentiful, consumers are still struggling to
find certain <a href="https://precisionbackgroundscreening.com/dealing-with-high-food-prices/">goods</a> because of ongoing supply chain
snags, production delays and even extreme weather.</p>



<p>Here are eight things that are
hard to find or extra expensive right now because of supply problems, from
movie theater popcorn to tampons.</p>



<h4>Sriracha Hot Sauce</h4>



<p>In a letter to wholesale customers
last month, sriracha maker Huy Fong Foods said that weather conditions are
causing a severe shortage of the chili peppers it uses to make the beloved
spicy condiment.</p>



<p>“Unfortunately, this is out of
our control,” the company wrote. “Without this essential ingredient we are
unable to produce any of our products.” It’s unclear when store inventory will
be affected by the pepper shortage.</p>



<h4>Popcorn</h4>



<p>As moviegoers return to the box
office this summer, they may encounter a popcorn shortage — or at least higher
prices.</p>



<p>Farmers are growing less popcorn
in general because other crops can yield higher profits at lower costs, the <em>Wall Street Journal</em> <a href="https://www.wsj.com/articles/movie-theater-concession-shortage-popcorn-11653411143" target="_blank" rel="noreferrer noopener">reported</a> last month. An ongoing shortage
of truckers is delaying shipments too.</p>



<p>And it’s not just the snack
itself that’s difficult to source. Movie theater concession manufacturers are
also facing shortages of cups, trays and the plastic liners for popcorn bags,
according to the <em>Journal</em>.</p>



<h4>Tampons</h4>



<p>Retailers have been struggling to
keep tampons on the shelves, according to a recent <a href="https://time.com/6184644/tampon-shortage-supply-chain/" target="_blank" rel="noreferrer noopener">report</a> from TIME, leaving people across
the country struggling to access the essential care products.</p>



<p>In a recent <a href="https://seekingalpha.com/article/4502380-procter-and-gamble-company-pg-ceo-jon-moeller-on-q3-2022-results-earnings-call-transcript" target="_blank" rel="noreferrer noopener">earnings
call</a>, Andre
Schulten, Chief Financial Officer at Tampax maker Procter &amp; Gamble, cited
difficulties sourcing raw materials and described the “costly and highly
volatile” process of transporting its goods, including feminine care products.
The company will raise prices in July to cope with the extra expenses.</p>



<h4>Pet Food</h4>



<p>The same supply chain issues
affecting the grocery and personal care categories are also slowing down
shipments of pet food this summer, and a shortage of aluminum cans is only
making things worse. Citing “inconsistent availability and ongoing sourcing
issues,” the Trader Joe’s grocery chain <a href="https://www.traderjoes.com/home/announcements?category=customer-updates&amp;id=1165614645" target="_blank" rel="noreferrer noopener">announced</a> in April that it would
discontinue six pet food products.</p>



<p>It’s hard to predict when things
will return to normal. “Food brands are promising they are going to get better
in the next four and six months; others are saying it might be up to a year
before we see some of their products back in stock,” one Minnesota pet store
general manager <a href="https://kstp.com/kstp-news/top-news/supply-chain-interruptions-prompt-shortage-of-pet-food-nationwide/" target="_blank" rel="noreferrer noopener">told local
station KSTP</a> this week.</p>



<h4>Baby Formula</h4>



<p>Back in February, Abbott
Nutrition initiated a voluntary recall of certain powdered formulas under the
Similac, Alimentum and EleCare brands after complaints of possible bacterial
contamination.</p>



<p>The company said that none of its
products tested positive for the bacteria, but the disruption stemming from the
recall and subsequent shutdown of a plant in Michigan means that families are
still struggling to find formula on store shelves and online.</p>



<h4>Contrast Dye</h4>



<p>Shortages also persist outside
the grocery store. A contrast dye that is essential for medical imaging tests
like CT scans is being rationed in hospitals and causing delays for patients,
CNN <a href="https://www.cnn.com/2022/06/07/health/contrast-dye-shortage/index.html" target="_blank" rel="noreferrer noopener">reported</a> this week. Coronavirus-related
lockdowns in Shanghai, where the dye is manufactured by GE, are being blamed
for the shortage.</p>



<h4>Rental Cars</h4>



<p>If you’re in the market for a
rental car for your upcoming summer vacation, or even looking to buy a <a href="https://money.com/new-car-prices-selling-below-msrp/?xid=yahoo&amp;utm_source=yahoo&amp;utm_medium=rss_synd&amp;ref=%2Fnew-shortages-popcorn-pet-food-sriracha%2F" target="_blank" rel="noreferrer noopener">new car</a> yourself, it’s a good idea to
start your search early and prepare to spend extra.</p>



<p>An enormous drop in traveler
demand in the early days of the pandemic prompted rental car companies to sell
portions of their fleets, and they’ve struggled mightily to replenish their
supply of cars. Production in the car manufacturing industry has slowed
significantly because of an ongoing shortage of semiconductor chips.</p>



<p>For rental car companies, that
means low inventory and high prices across the board. <em>Bloomberg</em> <a href="https://www.bloomberg.com/opinion/articles/2022-06-06/rental-car-shortage-and-soaring-prices-keep-getting-worse" target="_blank" rel="noreferrer noopener">found</a> that daily rental car rates in
the U.S. this summer are roughly double what they were in the summer of 2019.</p>



<p>“It’s still tough out there,”
Greg Scott, spokesman for the American Car Rental Association, <a href="https://www.washingtonpost.com/travel/tips/rental-car-shortage-prices/" target="_blank" rel="noreferrer noopener">told the <em>Washington Post</em></a> in March. “There are some
instances where the supply of new cars has improved, but it’s not back where it
needs to be and it won’t be for a long time.”</p>



<h4>Houses</h4>



<p>News about the red-hot <a href="https://precisionbackgroundscreening.com/the-housing-crisis/">housing</a> market is inescapable, and home
prices are up an eye-watering <a href="https://money.com/when-will-home-prices-fall/?xid=yahoo&amp;utm_source=yahoo&amp;utm_medium=rss_synd&amp;ref=%2Fnew-shortages-popcorn-pet-food-sriracha%2F" target="_blank" rel="noreferrer noopener">20% in the
last year</a> alone.
Those rising prices are attributable in large part to a severe shortage of
housing inventory that has persisted throughout the pandemic. There were 48.5%
fewer active listings last month compared to May 2020, according to recent <a href="https://www.realtor.com/research/topics/housing-supply/" target="_blank" rel="noreferrer noopener">data</a> from Realtor.com.</p>



<p>Shipping delays and shortages of lumber and other raw materials helped drive up costs for home builders and slowed down the pace of construction — just as demand for new homes began to boom as people sought out more space during the pandemic. Thankfully, there are signs that <a rel="noreferrer noopener" href="https://money.com/cities-with-the-most-new-homes/?xid=yahoo&amp;utm_source=yahoo&amp;utm_medium=rss_synd&amp;ref=%2Fnew-shortages-popcorn-pet-food-sriracha%2F" target="_blank">construction is picking back up</a> again. But for now, buyers can expect slim pickings and exorbitantly high prices.</p>



<p>If you found this information useful, please check out our <a href="https://precisionbackgroundscreening.com/blog/">blog</a> for more articles like this.</p>



<p>If you need to run
background checks and would like a free quote click
<a href="https://precisionbackgroundscreening.com/get-a-free-quote/">here</a> and let us know how we
can help you.</p>
<p>The post <a rel="nofollow" href="https://precisionbackgroundscreening.com/the-great-shortage-crisis/">The Great Shortage Crisis</a> appeared first on <a rel="nofollow" href="https://precisionbackgroundscreening.com">Precision Background Screening</a>.</p>
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