supplychain

Japan Faces Economy Shrink as Supply Chain Disruptions Continue to Bite

Did you know that Japan’s economy shrank down sharply during the third quarter this year due to global supply chain disruptions and a resurgence in Covid-19 cases that damped spending by both consumers and businesses? According to the country’s preliminary gross domestic product (GDP) data, their economy shrank an annualized 3.0% in July-September after a…