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They May Or May Not Be Getting Better; Supply-Chain Issues Aren’t Going Away Soon

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One of the (slightly) encouraging data points in the Baird 4Q-21 E&S Market Survey was the number of respondents reporting some improvement in supply-chain issues, with 64% saying supply chain/lead times were significantly or modestly worse compared with 89% in the 3Q-21 survey. (See chart.) But that doesn’t mean supply chain issues are going away…

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