U.S. factories are likely to close because of the coronavirus’ supply-chain shock
In preparation for the largest migration season on the planet, Chinese factories annually build up inventory so plants can shut down while workers return home for the holiday. But the coronavirus prevented many from reopening and others from returning to full capacity.
The result: That buildup is now near exhaustion.
For the U.S., it presents the very real chance that companies from auto makers to electronics manufacturers will soon begin to cease or limit production.