There’s a 1991 country song, “Blame it on Texas,” that comes to mind when looking at the ups and downs of our economy.
Texas really isn’t to blame, but its bad weather last February is one of the reasons chips are in short supply. The long cold spell closed plants that make the resin used in chips so vital to computers of all sizes.
The resin markets already were being squeezed when freezing temperature, snow and ice knocked out power and shuttered many plants.
Now the plants are ramped up and working on the backlog of orders, but relief is still some time away.
This is just one kink in the convoluted loop that is the global supply chain, another example of unexpected events and how they can disrupt the best-laid plans.