292 S&P 500 companies referenced the term “supply chain” in the first quarter of last year. This previous record was just broken.
S&P 500 companies that have reported third-quarter earnings so far this year, have mentioned the term “supply chain,” and “inflation” at the highest clip in at least a decade, according to John Butters, a senior analyst at FactSet.
The previous record was set in the first quarter of last year when 292 companies referenced the term “supply chain,” according to FactSet’s records which date to 2010. The FactSet report comes as supply-chain disruptions are wreaking havoc on global business and helping to amplify pricing pressures as the world-wide economy attempts to recover from the worst pandemic in over a century. The fitful reopening of economies from COVID-19 restrictions here and abroad are fostering a surge in demand for goods and services that can’t easily be met.One measure of inflation currently, the consumer-price index, stands at 31-year record high — up 6.
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