Everything has gone perfectly on the production side. The demand is OK, but it was overrun by the supply. |
For consumers who might have been concerned about the flu, this will provide some peace of mind. So, probably the testing is good. |
It looks like the two leaders are cutting production somewhat. That's good news. It should help this overproduction problem we have right now. |
It's a lose-lose situation. The world is losing consumption faster than people can cut back production. |
The problem is that nobody knows how bad it's going to be. |
They probably would have to offer considerably higher wages to staff those positions. The long-term impact on the industry may be to reduce expansion in the future, there may be some plants that would be located outside the country. |