Can't Find Chicken Wings, Diapers, or a New Car? Here's a List of All the Shortages Hitting the Reopening Economy.As the U.S. economy increasingly reopens, it is seeing shortages of all sorts of items.

This story originally appeared on商业内幕

Computer chips

President Joe Biden holds a semiconductor chip at the White House in Washington, U.S., February 24, 2021.
Image Credit: Jonathan Ernst/Reuters

An ongoing computer-chip shortage has affectedcars,iPads, anddog-washing technologyalike.Chipmakers like Intelhad already seen production issues pre-pandemic, but as with many industries, COVID-19 brought a variety of newsupply-chain issues.对消费者wan芯片短缺是一个问题ting basically anything with a computerized component, which is much of the economy. Take cars as an example.

Related:Semiconductor Industry Set To Benefit From Global Chip Shortage

The semiconductor shortage has hit automakers the hardest. In January, the consulting firmAlix Partners estimatedthe automotive industry would lose $61 billion in revenue from the shortage this year. AsInsider's Katie Canales reported, demand for chips has gone up as consumers scrambled to buy cars and other technologies that use them.

But as more cars went into production, chip competition went up. Since then, many carmakers have been forced to shut down plants and prioritize which models they produce, whilecar prices at dealershipshave continued to go up.

Last week, Tesla CEOElon Musk said the semiconductor shortagehas caused "insane difficulties" for the electric carmaker. Even Apple — a company that many thought would be able to dodge the shortage after it started making its own high-powered computer chips last year — said it willdelay production on its iMac and iPad.

Used cars and rental cars

Image Credit: Jose Luis Pelaez Inc

AsUSA Today reported, used-car prices are on the rise as the aforementioned chip shortages affect new-car production, and buyers have turned to older ones instead.

Buyers are still looking for vehicles, creating a competitive used-car market. AsAxios reported, the average price of a used car has hit $17,609.

It's not all bad news for used-car lovers, though: As USA Today reports, the trade-in market is hot, too, meaning your old car could be worth more right now.

And if you're looking to rent, you might also be out of luck:Insider's Brittany Chang reportedon the "perfect storm" hitting rental cars right now, with prices surging and demand increasing.

Americans are itching to go on vacation this summer, as more people are vaccinated and some restrictions loosen. That's leading to far more demand — butrental-car companies had sold off partsof their fleets early into the pandemic, leaving fewer cars to go around.

Gas

A man fills up a car at a filling station.
Image Credit: Alexander Ryumin\TASS via Getty Images

Industry experts saydrivers will face fuel shortages this summer.

Demand for fuel and interest in travel has risen as vaccination rates have increased. Lower gasoline-production rates have also made the commodity more valuable, asOPEC has been slow to curb production cuts.

Gasprices have skyrocketed in recent months,jumping 22.5% in March from the previous year, according to the US Bureau of Labor Statistics'Consumer Price Index.大部分的天然气价格开始飙升extreme Texas freeze, which halted a fifth of the country's oil-refining capacity in its tracks for weeks at a time.

Plastics and palm oil

Image Credit: aydinmutlu/Getty Images

The devastating winter storms in Texas also left their mark on the plastics industry. AsInsider's Natasha Dailey reported, the state is a key plastics exporter — and the storms made many plants, which are difficult to reactivate, press pause.

According to theFinancial Times, rising plastic prices have led to an increase in packaging costs. Citing data from Mintec, the Financial Times reported that those costs have increased by nearly 40% from the start of 2020, marking "historic highs."

Palm oil, which is ina majorityof those packaged products, also saw its prices climb, according to the Financial Times. That's due to yet another labor shortage;the industryhad already been contending with finding more sustainable production methods.

Trucking

A contract port truck driver, Giraldo has seen work dry up as imports slow during the coronavirus outbreak. He gets fewer than four hauls a week, compared with at least 12 in normal times.
Image Credit: AP Photo/Marcio Jose Sanchez

The Wall Street Journal reportedthat increased shipping demand has combined with a lack of drivers and trucks to result in climbing shipping costs.

In September,Insider's Rachel Premack reportedthat pay for truck drivers was on the rise, coming in at "record-smashing levels." But the pay hike — and increased demand — comes after an exodus of drivers in 2019;Premack reported at the timeon what some called a "trucking bloodbath," as trucking companies saw profits fall, with some even going bankrupt.

Now demand is surging, according to The Journal, and if everything continues as is, that gap could deepen.

Homes and vacation houses

A house's real estate for sale sign shows the home as being "Under Contract" in Washington, DC, November 19, 2020.
Image Credit: Saul Loeb/AFP/Getty Images

TheUS was facing a shortage of 3.8 million homesas of April, according toFreddie Mac.Home builders have been struggling to keep up with demand as remote work fuels interest in spacious housing, with house prices rising at their fastest pace in 15 years, The Wall Street Journalreported.Lumber prices are also driving the cost of new homes even higher.

In the past year alone, the median cost of a home in the US shot up 15% from $300,000 in 2019 to $340,000 by the end of 2020, according todata from the National Association of Realtors.That measure does not even begin to account forhot housing markets like Austin, Texas, where the average home went formore than $800,000 in April

Even vacation-home rentals are at an all-time high. A house in theHamptons rented for $2 millionthis summer, and 85% of vacation rentals in popular destinations like Cape Cod, the Outer Banks, and the Jersey Shore are booked through August, according to the rental siteVRBO.

Lumber

Image Credit: Justin Sullivan/Getty Images

如果你想知道为什么你周围的房子getting more expensive, look to their component parts. No, seriously: Lumber prices have soared, and, asInsider's Ayelet Sheffey and Libertina Brandt reported, builders are even increasing house prices in an attempt to offset demand.

It's due to another pandemic disruption, as lumber mills were forced to temporarily close for safety concerns. When they reopened, they couldn't keep up with a scorching-hot housing market, goosed by a work-from-home economy, record low mortgage rates, and the need for personal space during the pandemic.

According to anApril analysisfrom the National Association of Home Builders, soaring lumber prices added $36,000 to the cost of a new home. Lumber prices "remain stubbornly high," according to the report, due to mills shutting down, unexpected demand from big-box retail and DIY-ers, and tariffs imposed on Canadian lumber.

Household products like toilet paper and tampons

Image Credit: Kathrin Ziegler/Getty Images

Many household goods includingtoilet paper, diapers, and tampons are also facing supply problems.

One of the biggest producers of the pulp used to create toilet papertold Bloombergthat port delays and high shipping costs are causing companies to push delivery dates back months.

Shortages and shipping delays arecausing many companies to hike prices.Last month, Proctor & Gamblesaid it would raise pricesfor baby-care and feminine-care products, as well as adult diapers to combat shortages and shipping costs. The same week,Kimberly Clark hiked the priceof its Huggies diapers and Scott toilet paper.

Furniture

La-Z-Boy store
Image Credit: Getty

The work-from-home lifestyle helped the furniture industry boom but to such an extent that customers are seeing delivery dates that are months out.

In February,La-Z-Boy executives saidcustomers could expect delivery dates that are five to nine months out from their order dates. Other furniture companies like Kasala, a Seattle-based chain,saidthey don't expect to get furniture parts until at least December.

Many US furniture stores use parts from China. Theglobal shipping-container shortage, as well asdelays at key ports in Southern Californiahave not only made the goods more expensive, but have also pushed back delivery dates by several months.

The furniture shortage has been exacerbated by a spike in homeownership, as the number of available and unsold homes sits at record lows. In other words, a lot of new homeowners are waiting a long time for their new living-room sets.

Chicken

Image Credit: AP Photo/Matthew Mead

If you've been having trouble finding chicken wings, you're not alone: They're hard to come by as supply tightens.Insider's Avery Hartmans reporteddwind鸡翅般供应ling while prices rise. It's due in part to increased demand and shortages caused bydevastating winter storms in Texas

The Washington Post reportedthat shortages go beyond just wings, with all chicken harder to get ahold of. One phenomenon The Post notes: Fried chicken sandwiches, which havegained viral popularityin the past few years. McDonald's has evenlaunched its ownInsider's Mary Meisenzahl reportedthat the KFC Nashville hot chicken has been so popular on TikTok that the chain is running out of the hot sauce for it.

Bacon and hot dogs

Image Credit: Getty

Bacon and hot dogs will likely be in short supply this summer.

The pig shortage dates back tothe onset of COVID-19andoutbreaksin at least 167 meat-processing plants forcing almost 40 plants to close as of June 2020. As vaccination rates pick up and people prepare for summer vacations and cookouts, analysts toldInsider's Natasha Daileydemand will outstrip supply.

With pork companies still struggling to overcome lower production rates in 2020, the matter only intensified when high instances of disease hit the hog population this past winter.

Imported foods like cheese, coffee, and olive oil

Image Credit: Yipengge/Getty Images

Imported goods including coffee, cheese, seafood, and olive oil arefacing months of shipping delays

Dozens of mega-containersships are waiting to dock off the coast of Los Angeles.The site accounts for about one-third of US imports, and the backlog is causing ships to wait weeks to dock and unload.

Some companies are already seeing the impact on their shelves. In March,Costco saidits supplies of cheese, seafood, and olive oil were running low.

General Millssaid it has been forced to raise prices due to the delays increased shipping costs.Coca-Colaalso raised prices to combat the supply-chain crunch. Neither company specified which products would be affected.

Coffee has also been hit by delays,Bloomberg reportedin March. Peet's and JM Smucker, the brands behind Folgers and Dunkin' coffee,have saidthey're facing rising costs.Reuters reportedthat in February, port delays pushed coffee prices to their highest point in more than a year.

Chlorine

Chlorine can kill germs, but alcohol is more effective.
Image Credit: Bill Oxford/ Getty Images

This summer pool owners will see the worst chlorine shortage in US history, according toCNBC.

Supplies of the chemical have been strained since a fire at the chlorine manufacturer BioLab in Louisiana in September. The price for chlorine used in pools has nearly doubled this past year and is expected to rise even more to meet demand this summer.

Insider'sAnnabelle Williams reportedthat pool owners could help avoid the shortage by resorting to saltwater pools.

Corn

Image Credit: Cyndi Monaghan/Getty Images

Corn is a key crop for many products, including fuel and different foods. As supply concerns loom, corn prices are popping off,according to Axios

There's a few reasons that demand is so high: After an outbreak of swine fever in China, pig herds were "decimated," according to Axios, leading to huge corn demand in China. That spike in demand is coupled with corn crops in Brazil and Argentina experiencing both bad weather and pandemic-related labor shortages.

Now corn prices are on a record-setting clip, rising by 16% in April alone.

And, asFortune reported, there could be a domestic supply issue too. Droughts and a rough winter are both concerning — and if American crops can't fill in the gaps, prices could rise even more.

Labor

Image Credit: AP Photo/Nam Y. Huh

Finally, a commodity unlike all the others is in surprisingly short supply: workers.

Major labor shortages are hitting businesses across America. AsInsider's Kate Taylor reported, chains like Dunkin' and Starbucks are struggling to find workers — leading to reduced hours and hesitance on opening indoor dining back up.

There's a few possible reasons that unemployed workers are opting not to return, according toInsider's Ayelet Sheffey.They include workers making more on unemployment benefits than in their prior work as well as continued concerns over COVID-19 and the need to provide childcare at home.

AsInsider previously reported, female tipped workers experienced lower tips and increased harassment during the pandemic.

One potential solution for ending this shortage, according to Taylor?Paying workers more

Wavy Line

Editor's Pick

Related Topics

Social Media

How This 18-Year-Old TikTok Star Built a Business With 5 Million Followers

TikToker Ryan Shakes shares how he built a devoted and engaged following.

Business News

Kristen Bell and Dax Shepard's Family 'Stranded' at Boston Airport During 9-Hour Delay: 'We Made Quite a Home Here'

The actors spent $600 on pillows and blankets while waiting for their flight.

Growing a Business

Senior Executives Are Falling Behind The Digital Curve — Here's What It Takes to Stay Ahead.

Learn how to stay ahead of the digital curve with the top areas of digital transformation that all corporate leaders should know.

Business News

Kevin O'Leary Slams Anheuser-Busch CEO's Listening Tour, Says It Won't Stop Bud Light Backlash for One Huge Reason

Anheuser-Busch U.S. CEO Brendan Whitworth announced plans to hear consumers out this summer.

Business News

Netflix is Hiring an AI-Focused Role—and the Starting Salary is up to $900,000

The streaming giant is looking for a leader in its machine learning department.