Higher Levels of Demand Like many household products, demand for household appliances skyrocketed as people prepared to spend more time at home than ever before. That demand did not diminish as the pandemic spread. By Mina Frost posted February 22nd 22. Two years after the pandemic, Americans are still crying out to replace large appliances. Although mortgage interest rates are rising, cumulative demand for home purchases along with strong remodeling and construction activity will continue to fuel appetite for new large appliances, experts say.
Semiconductor chip shortages, labor shortages, pandemic-related factory lockdowns, and logistical challenges all contribute to appliance shortages. BOSTON (CBS) — Due to supply chain problems, it may be one of the worst times ever to buy a new refrigerator, oven, or washing machine. New homes are rising as scheduled, but appliance shortages and delays delay go-to-market and sales. Shortages and delays affect stoves, refrigerators, dishwashers, wall ovens and microwaves.
The problems have affected US and foreign manufacturers. Used appliances in good condition may be available at a local store (other than a big box), online through Facebook Marketplace, eBay or Craigslist, or at a local repair shop. Read on for the latest news on appliance supply chain issues, how to determine the best course of action, and tips for buying appliances now. In his 15 years as owner of Vancouver-based Appliance Outlet, Lazar Ilic says many retailers have been hit hard by the supply chain crisis with lower-than-normal inventory and fewer types of appliances in the showroom.
Keep an eye out for large appliances from Korean manufacturers Samsung and LG, says Carter, because you're likely to find more and more discounts on their large appliances than those offered by other manufacturers.
Leave a Comment