California Manufacturers Expected to Expand Employment, Hampered by Supply Issues

California Manufacturers Expected to Expand Employment, Hampered by Supply Issues
EqualTox lab workers process COVID-19 tests in Tustin, Calif., on Sept. 3, 2020. John Fredricks/The Epoch Times
|Updated:

More than 61 percent of purchasing managers surveyed at California manufacturing companies expect deliveries from their suppliers to be slower in the October–December quarter than during the July–September quarter.

Analysts say this bottleneck means California’s manufacturing sector is expected to grow at a slower pace in the fourth quarter than it did during the third quarter.

Tim Shaler
Tim Shaler
Author
Tim Shaler is a professional investor and economist based in Southern California. He is a regular columnist for The Epoch Times, where he exclusively provides some of his original economic analysis.
Related Topics