Those looking for an above ground pool to keep the family swimming during the pandemic may be left high and dry till at least March of 2021.
Companies like Doughboy, whose above ground pools retail for between $5,000 to $19,000, faced production stoppages and materials shortages during the early months of the COVID-19 lockdown. Now they are racing to keep up as more Americans than ever want the convenience of a backyard pool to stay cool and entertain the kids, and retailers have waitlists that stretch till spring of 2020.
Outdoor patio furniture companies have faced similar challenges.
Video Spotlight: Pool Shortage (June 16, 2020, WCIA News)
This post is based on the Fox Business article, Swimming pool buyers beached by back orders through 2021, by Jeanette Settembre, August 1, 2020, and the YouTube video in the Spotlight. Image source: Ingram Publishing/SuperStock
1. In forecasting terms, what type of variation does the COVID-19 pandemic represent?
Guidance: No one could have envisioned the COVID-19 pandemic that hit in early 2020 or the lockdown that would follow. As such, these are called “irregular variations” in time series analysis forecasting, Irregular variations Continue reading