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The Pandemic’s Supply Shocks Go Far Beyond Empty Store Shelves

U.S. Gasoline Prices Rise Above $3/Gallon First Time Since 2014
Photographer: Elijah Nouvelage/Bloomberg

When thinking about victims of supply-chain disruptions during the pandemic, goods manufacturers and retailers are generally front of mind, evoking images of empty shelves and months-long waits for online deliveries.

But the pain has rippled across other industries, with information technology, aerospace and defense, and financial services among those hit, according to a survey of procurement professionals at 900 of the U.S. and Europe’s biggest companies in these three sectors.