Mass. Employer Confidence Widespread Heading Into Spring
WBUR - 04/07/2021
Employer optimism may be moderated due to the recent Johnson & Johnson vaccine manufacturing problem and the resumption of COVID-19 lockdowns in European countries, according to Nada Sanders, a supply chain management professor at Northeastern University and member of AIM’s Board of Economic Advisers.
“There are areas of the supply chain that were woefully unprepared for COVID-19,” Sanders said. “Retailers and suppliers, for example, built a supply chain system that was too complex, in which the slightest crack down the line created a large ripple effect. Companies are now addressing those weaknesses but the events of the past week, including the backup of the Suez Canal, may give employers pause.”