As supply chains unclog, consumers enjoy (tentative) relief
By TOM KRISHER and PAUL WISEMAN
AP Business Writers
The supply backlogs of the past two years — and the delays, shortages and outrageous prices that came with them — have improved dramatically since summer. The web of factories, railroads, ports, warehouses and freight yards that link products to customers have nearly regained their pre-pandemic levels. The easing of supply bottlenecks has begun to provide some relief from the inflation that this year reached its highest levels in four decades and has pummeled consumers and businesses. The progress has been modest and so far short-lived. Yet it’s still a glimmer of good news for shoppers in the holiday shopping season.