A new nationwide poll of U.S. consumers shows that U.S. consumers are concerned about the impacts of chip shortages and support federal action to address them. Recent supply chain issues and corresponding consumer concern have been driven by a sustained decline in domestic chipmaking capacity. Though Congressional action on the CHIPS Act will not improve consumers’ hopes for this holiday season, investment would fundamentally improve America’s ability to reliably provide semiconductors to companies across the economy.
Two-thirds (66%) of polled consumers plan on purchasing items requiring semiconductors.
Among these consumers, 83% are concerned that the semiconductor shortage will make these items significantly more expensive; 77% are concerned that items will not be available at all.
71% of consumers say that high prices or availability issues may impact their decision to purchase cars, electronics, children’s toys or appliances this holiday season.