Supply & Demand

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Chip shortage could stretch for years
Chip shortage could stretch for years
Automakers and analysts have been optimistic in recent weeks that the worldwide shortage of microchips would work itself out in the second half of this year. But that upbeat prediction is changing. Many are now concluding that there is no easy path out of the mess because of the cost and…
derek68·crainsdetroit.com·
Chip shortage could stretch for years
GM idles more North American plants as chip shortage drags on
GM idles more North American plants as chip shortage drags on
General Motors is idling more plants and extending shutdowns at other facilities in North America due to a continued shortage of semiconductor chips that are used to control myriad operations in vehicles, including the infotainment, power steering and brake systems. In an update Thursday, GM indica…
derek68·techcrunch.com·
GM idles more North American plants as chip shortage drags on
Ann Arbor tech company Movellus sees opportunity amid microchip shortage
Ann Arbor tech company Movellus sees opportunity amid microchip shortage
In a wave fed by the COVID-19 pandemic, mixing soaring consumer demand for microchip-heavy goods with a vastly shrinking supply, a University of Michigan spin-out company finds itself well positioned to help alleviate some of the challenges. The ongoing microchip shortage, which has been simmering…
derek68·crainsdetroit.com·
Ann Arbor tech company Movellus sees opportunity amid microchip shortage
OPEC and allies to boost production after US calls Saudi Arabia
OPEC and allies to boost production after US calls Saudi Arabia
The Organization of the Petroleum Exporting Countries and allied producers have agreed to gradually increase their output over the next three months. The move follows a sharp increase in oil prices, and a call from the United States to keep energy affordable.
derek68·cnn.com·
OPEC and allies to boost production after US calls Saudi Arabia
Moves at federal level likely to help real estate industry rebound, local experts say
Moves at federal level likely to help real estate industry rebound, local experts say
Under new President Joe Biden, residential real estate is likely to see positive trends toward first-time home buyers' incentives, updated fair-housing policies and additional moratoriums on homeowner foreclosures due to the pandemic, all efforts that national trade associations and metro Detroit…
derek68·crainsdetroit.com·
Moves at federal level likely to help real estate industry rebound, local experts say
Pfizer to break ground on new Michigan production facility
Pfizer to break ground on new Michigan production facility
PORTAGE — Pfizer Inc. is expected to start building a new pharmaceutical production facility in West Michigan.The drugmaker will break ground Wednesday on the multistory, 420,000-square-foot building on Pfizer's global manufacturing campus in Portage, MLive.com reported.It is expected to…
derek68·crainsdetroit.com·
Pfizer to break ground on new Michigan production facility
Question of the Day: What percent of homebuyers in Nov/Dec 2020 made an offer on a house they hadn't seen in person? - Blog
Question of the Day: What percent of homebuyers in Nov/Dec 2020 made an offer on a house they hadn't seen in person? - Blog
Answer: 63% Questions:   Would you consider buying a house that you couldn’t see in person?  What do you think home buyers might miss if they rely strictly on online sources of information? Click here for the ready-to-go slides for this Question of the Day that you can use in your classroom. Behind the numbers (NY Times):  Sixty-three percent of buyers who used Redfin in November and December went on to make an offer on a home they hadn’t seen in person, and monthly views of 3-D walk-throughs on the site are up more than 500 percent since February 2020. “In this market, because the homes are gone so quickly, if I had contacted the agent and set up a showing, by then they could have had five other offers,” Ms.
derek68·ngpf.org·
Question of the Day: What percent of homebuyers in Nov/Dec 2020 made an offer on a house they hadn't seen in person? - Blog
Will breweries keep making hand sanitizer?
Will breweries keep making hand sanitizer?
For the past 11 months, Birmingham-based Griffin Claw Brewing Co. has made and bottled its own brand of hand sanitizer."Our goal was just to help in any way we could," said Chris Lasher, marketing director for the craft brewer.Last March, Griffin Claw, known for its popular beers such as Norm's…
derek68·crainsdetroit.com·
Will breweries keep making hand sanitizer?
Costly microchip shortage hitting auto sector hard: What to know
Costly microchip shortage hitting auto sector hard: What to know
A microchip shortage that has idled several automaker plants around the globe — General Motors hit pause on production in February at three plants that are expected to remain shuttered until at least mid-March — and shifting auto supplier production is being blamed on a spending glut…
derek68·crainsdetroit.com·
Costly microchip shortage hitting auto sector hard: What to know