The Popcorn Shortage Is Nothing to Sniff At

Source: Foundation for Economic Education
by Matt Hampton

“The Wall Street Journal reported on fears of a popcorn shortage, and the details are pretty crazy. Amid growing supply-chain snags, theater companies and distributors say that they’re running out of concessions, but they also have had trouble finding popcorn supplies like bags, containers, and liners that keep butter from seeping into your lap. … Product shortages have caused some strange situations, and I think most of us have observed them in our daily lives. In this case, movie-snack shortages are particularly important to the cinema industry because food and beverages have been an important source of revenue amid falling attendance, particularly during COVID-19. But we would miss the true economic point if we focus solely on the direct effects of this shortage.” (06/08/22)