The recent impact of omicron on the U.S. supply chain has caused grocery prices to increase and could soon impact the supply of meat and eggs, according to billionaire Gristedes CEO John Catsimatidis.
“Omicron is taking its toll at different levels of the supply chain, whether it’s the warehouses, whether it’s the selectors, the drivers the loaders – and as they call in sick there are interruptions in the system,” Catsimatidis told Todd Piro during an appearance on “Fox & Friends First.”
Catsimatidis went on to say that many of these interruptions will continue over the next 6 weeks as the COVID-19 variant impacts the labor market. The United Refining Company owner added that the Northeast in particular is seeing the price of various products, including eggs, poultry, and beef, go up because of low supply and high demand.
Builders are scrambling to find new suppliers, stock up on building products and use substitute materials. Some are scouring retail big-box stores for products they can’t find through the normal supply channels.
That was the case with builder Epcon Communities in Dublin, Ohio, which bought metal shower grab bars online because they weren’t available through its typical commercial suppliers, said Stew Walker, Epcon’s vice president of construction. The company’s electrical subcontractor resorted to buying electrical boxes in hardware stores, he said.
“From one week to the next, the only thing we know is that we’re going to get notified of something else that is unavailable,” Mr. Walker said.
Epcon sold some homes last year without gutters and downspouts, then installed those features after buyers had already moved in, Mr. Walker said.