TERRE HAUTE, Ind. (WTWO/WAWV) — Nationwide worker and supply chain shortages could affect your Black Friday shopping, according to Indiana State University Professor of Economics Robert Guell.
Guell said that concerns about the COVID-19 pandemic probably will not affect holiday shopping like last year, but worker shortages in the transportation industry could create the biggest problems.
“What will be interesting is to see how well the delivery services ratchet up their employee needs,” Guell said.
Despite shortages, Guell said he predicts a Black Friday that will yield better results than what many would expect. He cited that families with children who have been collecting child tax credits are more likely to spend money during Black Friday.
“They have those amounts in their checking accounts,” Guell explained. “That’s going to pay for a brighter Christmas for a lot of people with young children.”
Heather Wolf, Owner of Willow Gift & Home, said that her business has been affected by the nationwide supply chain shortage as they prepare for this weekend’s influx of shoppers.
“I only received two-thirds of what I ordered for Christmas this year,” Wolf said. “For one of our big displays areas almost none of it came.”
These issues are something the Wolf said that her and her staff have handled well. She said that her business is ready for a busy Black Friday.
“Black Friday and Small Business Saturday are two of the biggest days in our whole entire year,” Wolf said. “We have a lot of staff working that day to help move things along smoothly for everyone so I think it’ll be a good year.”