Consumer spending rose in August and that is powering parts of the economy forward. I'm not going into a lot of depth because you can read the report below and the description. I often like the explanations more. You can kind of see income rose and deflation may be leveling off...maybe (Remember that a couple of dots don't always indicate a trend.). There are likely lots of reasons why that is happening of which some is related to shortage in certain supplies and products.
"Personal income increased$35.5 billion (0.2 percent) in August according to estimates released today by the Bureau of Economic Analysis (tables 3 and 5). Disposable personal income (DPI) increased$18.9 billion (0.1 percent) and personal consumption expenditures (PCE) increased$130.5 billion (0.8 percent)." (See Below)
You can get a list of how that increased spending is divided HERE. You can see demand for motor vehicle and parts rising as well as for other nondurable goods. You may also find that people are simply spending more and that is going to create greater incentives to solve supply chain issues and in turn encourage home based manufacturing to meet those demands.
October 1st, 2021 BEA Consumer Spending by on Scribd
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