Why that sofa you ordered isn't showing up soon [FOX Business Network]
Herman Miller, Inc. (MLHR)
Last herman miller, inc. earnings: 3/18 04:05 pm
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Source: FOX Business Network
Kansas Sen. Roger Marshall weighs in on enhanced unemployment benefits, economic recovery, infrastructure spending and reconciliation. In the latest sign of the U.S. economy's post-pandemic disarray, even companies that have built domestic supply chains are running up against extreme shortages of goods and labor. Furniture chain Room & Board Inc. procures more than 90% of its products inside the U.S., with its closest supplier some 4 miles from its Minneapolis headquarters—a contrast to many of its competitors, whose supply chains stretch back to factories in China. But amid sky-high consumer demand and shortages of labor and many materials, some Room & Board customers are waiting months for sofas and dressers. About half the items it sells are in stock right now, down from 90% normally. The company emailed a pre-emptive apology to customers earlier this year, noting many purchases would likely face delays PRESIDENT BIDEN'S MOST SECRETIVE TAX IS HIDING IN PLAIN SIGHT: INFLATI
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