Economic Outlook - What’s Causing the Global Chip Shortage

A chip is a small piece of silicon that contains circuitry that allows it to perform a specific function. Chips are used in everything from phones and computers to cars and medical devices. But growing demand and a worldwide chip shortage in 2022 have slowed growth in many industries. We’ll take a closer look at the Chip shortage, how it impacts you, and what is being done to stop it, coming up on Economic Outlook.

Original Airdate: October 25, 2022