In this month’s issue of The Real Economy, we look at the war in Ukraine, the renewed economic shutdowns in China, and how those twin shocks affect America’s real economy and middle market businesses. The dual threats mean that rising prices and supply chain disruptions are here to stay, at least for the time being.
Also, our U.S. economist, Tuan Nguyen, examines the persistent labor shortages that hamper middle market businesses and why excess labor demand is unhealthy for the economy.
Finally, RSM analyst Matt Dollard looks at the economic shutdowns imposed in China to contain a new wave of the coronavirus, and the impact that it will have on the American economy. In short: get ready for a new round of supply chain disruptions.