Dockworkers Strike and Hurricane Helene Affect Supplies

The ongoing dockworkers strike on the East and Gulf Coasts has triggered panic buying of toilet paper and other essentials across the U.S., reminiscent of the early pandemic days. Despite fears, experts clarify that most toilet paper in the U.S. is domestically produced and not directly impacted by the strike, which is more about consumer behavior than actual supply shortages. This panic buying is fueled by concerns over potential supply chain disruptions from the strike, which has halted half of all U.S. imports. Retailers like Costco and Walmart are experiencing shortages due to increased demand, particularly in areas affected by Hurricane Helene. While some experts and retailers urge calm, noting that the supply of domestically produced goods like toilet paper remains stable, the strike's broader economic impact is still unfolding. President Biden is encouraging negotiations rather than intervening, as the strike demands higher pay and protection from automation.