“Who would have thought that this world-changing pandemic would actually be the driver that’s leading to finally recovering?”
Austen Hufford writes for the Wall Street Journal about factories and manufacturing, which means a lot of what he writes about is supply chains.
led to a slowdown in housing construction, which led to less housing supply, which led to higher home prices, which led to people making different choices about where to live and whether to rent or buy.So, you can see how this is a big deal. Suddenly you’re talking about huge knock-on effects for our economy. On
And basically these manufacturers had to figure out how to go from “oh my goodness, we’re in a recession playbook” to “oh my goodness, we’re in an economic boom playbook.”For certain industries, they think that 2021 might be some of their biggest revenue numbers ever, whether it’s in motorcycles or boats or certain other industries.
. I’d love for you to take me through that reporting. So take me through the details of all the challenges that this hot tub company faced and had to overcome.Yes, so this company is called Bullfrog Spas and it’s in Utah. Over the summer of 2020, they start getting an influx of orders.A hot tub seems basic. How many parts can it have: 100? 200? There’s 1,800 parts in a single hot tub. And so, as you can imagine, there was a lot of issues.
It’s not just materials that have been a problem; it’s labor also. How much of a role has labor shortage played in this?
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