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Tesla Accelerates in Q4 as GM, Ford, VW, Nissan Hit Supply Snags

Car inventory across a number of big names, including Honda, GM, VW, Range Rover, and Ford, are at their lowest point since the 2000s due to key component shortages that limited consumer buying options.

Current Supply Chain Disruption Impacts More Significant Than 2008 Financial Crisis

Two new reports published earlier this month illustrate the record-breaking impacts of supply chain disruptions on global shipping costs, noting that today’s disruptions are even more significant than those during the financial crisis of 2008.

Engineering, CNC Machining, Metal Stamping Among Most In-demand Services in Q4 2021

In today’s Index Report, we’ll take a brief look back on industrial sourcing activity and national procurement trends over the course of Q4 2021 based on data from our more than 70,000 product and service categories on Thomasnet.com. We’ll also share our predictions for two areas we expect will see a substantial spike in sourcing activity in Q1 2022.

Fiber Optics Market to Generate $1.5 Billion This Year

The market for fiber optics is positioned for substantial growth in the coming months as spending on infrastructure improvements increases across both the public and private sectors.

Contractor Demand Up 250% as Construction Sector Rebounds

Last month, PwC released a new report forecasting the future of the engineering and construction sectors looking ahead into 2022. The report said that even despite the ongoing labor shortages and enduring supply chain challenges, the two sectors were well-positioned for growth in the coming months.

Demand for Lumber, Food Supplies, Boxes Topped 2021 Sourcing Activity

Today, we’re looking back at some of our most popular 2021 Thomas Index Reports to see how those supply chain shifts and changes in demand for specific products affected the industrial sector over the course of the past year.

54 Million Autonomous Vehicles Will Be on Our Roads by 2024

With many people still concerned about these new vehicles, researchers are working to enhance safety on shared roads by improving the reliability of the traffic control devices used to keep all drivers safe.

Consumers Fueling Extra High Demand for Christmas Decorations, Gifts

Over the past few weeks, we’ve seen demand for holiday decorations increasing quickly as industrial buyers gear up for a final procurement push ahead of the upcoming holiday later this week.

Why Is Gas So Expensive Right Now?

If you’ve been balking at prices at the gas pump lately, you’re not alone. The national average price of gas is currently at about $3.40 per gallon, which is 50% more than last year and the highest price AAA has seen since 2014.

USPS Expects to Deliver 12 Billion Parcels This Holiday Season

The USPS says it has leased more than seven million square feet of extra space over 40 different locations and hired more than 40,000 seasonal workers in order to handle the increased number of deliveries nationwide.