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DEBBYQN
2021-10-29

Apple making their own chip

Chip Shortage Erodes Third-Quarter U.S. Economic Growth

The U.S. economy had some car troubles in the third quarter. Personal consumption slowed sharply, du

Chip Shortage Erodes Third-Quarter U.S. Economic Growth

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And those constraints aren’t expected to go away any time soon.</p>\n<p>“Right now, you ask us what we think the sequential increase in supply will be year-over-year, we think we’ll have about 10% more, but that’s changing weekly,” John Lawler, chief financial officer of Ford Motor Co., said of semiconductor supply during the company’s earnings call Wednesday.</p>\n<p>“But we do see that running through 2022, it could extend into 2023, although we do anticipate the scope and severity of that to reduce as we move through ‘22 into ‘23.”</p>\n<p>General Motors Co. 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That subtracted ...</p>\n\n<a href=\"https://finance.yahoo.com/news/chip-shortage-erodes-third-quarter-142441713.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"F":"福特汽车","GM":"通用汽车"},"source_url":"https://finance.yahoo.com/news/chip-shortage-erodes-third-quarter-142441713.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1115179727","content_text":"The U.S. economy had some car troubles in the third quarter.\nPersonal consumption slowed sharply, due in part to a drop in outlays for cars, Commerce Department data showed Thursday. That subtracted 2.39 percentage points from gross domestic product growth and drove the decline in goods spending in the period, as automakers had a tough time keeping dealer lots full.\nMotor vehicle production for the period dropped an annualized 41.6%, the most since a pandemic-related collapse in the second quarter of last year, the report showed. Third-quarter GDP excluding auto output rose at a 3.5% pace.\nAutomakers are struggling to meet consumer demand as a persistent shortage of semiconductor chips stymies production. And those constraints aren’t expected to go away any time soon.\n“Right now, you ask us what we think the sequential increase in supply will be year-over-year, we think we’ll have about 10% more, but that’s changing weekly,” John Lawler, chief financial officer of Ford Motor Co., said of semiconductor supply during the company’s earnings call Wednesday.\n“But we do see that running through 2022, it could extend into 2023, although we do anticipate the scope and severity of that to reduce as we move through ‘22 into ‘23.”\nGeneral Motors Co. 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Chip Shortage Erodes Third-Quarter U.S. Economic Growth

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