Shipping Problems to Persist Through 2022 Amid Supply Chain Crisis: Economists

Shipping Problems to Persist Through 2022 Amid Supply Chain Crisis: Economists
A cargo ship moves toward the Bayonne Bridge as it heads into port in Bayonne, New Jersey, on Oct. 13, 2021. Spencer Platt/Getty Images
Katabella Roberts
Updated:

Economists expect shipping problems at large ports in the United States as well as the subsequent shortage in goods and price increases to persist into the middle of 2022 amid the ongoing supply chain crisis.

Roughly 77 ships are currently waiting outside docks in the Ports of Los Angeles and Long Beach, California, carrying a staggering $24 billion worth of goods waiting to be offloaded, CNBC reported, citing economists at Goldman Sachs.
Katabella Roberts
Katabella Roberts
Author
Katabella Roberts is a news writer for The Epoch Times, focusing primarily on the United States, world, and business news.
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