Diggin It
Super Star Member
I've kind've been expecting this:
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NPR|48 minutes ago
Big box stores are working through an unexpected glut of inventory: TVs, kitchen appliances, hoodies and other hot pandemic items. Part of the problem is the bullwhip effect.
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Demand outweighed supply and drove prices up. Manufacturers responded by ordering more stuff that people wanted. Now there's more stuff than what people need.
Will we see the same with motor vehicles and tractors? Will there be more supply sitting on lots than people are buying? Will I be able to get a better than anticipated deal on the refrigerator I need? What will happen to used car/truck and tractor prices?
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What happens when people want all the air fryers and then, suddenly, they don't
Big box stores are working through an unexpected glut of inventory: TVs, kitchen appliances, hoodies and other hot pandemic items. Part of the problem is the bullwhip effect.
--------------
Demand outweighed supply and drove prices up. Manufacturers responded by ordering more stuff that people wanted. Now there's more stuff than what people need.
Will we see the same with motor vehicles and tractors? Will there be more supply sitting on lots than people are buying? Will I be able to get a better than anticipated deal on the refrigerator I need? What will happen to used car/truck and tractor prices?