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US Seeing Japan Supply Problems, No Major Impact on Broader Economy

Comstock/Thinkstock(NEW YORK) -- Japan is the third largest manufacturer in the world and an important global producer of computer, electronic and transportation equipment.
Analysts say that companies will be watching their supply chain closely to see how they can continue production.
Dale Ford an analyst with IHS iSuppli says we will likely not see complete shutdowns like the one at a General Motors plant in Shreveport, La.  He adds though that “there will absolutely be an impact” and it will likely be felt during the next several months.
He says there are some key parts you simply cannot get anywhere else.  Japan for instance is a major supplier of laser diode used in Blu-ray and DVD players, depending on how long supply disruptions last anyone who makes a Blu-ray player will be impacted.  The question right now, is to what degree?
While specific supply chains will be affected Augustine Faucher, an economist with Moody’s Analytics says that, “the disaster does not appear likely to have a large impact on the U.S. economy.”
A worsening nuclear crisis and further power or infrastructure damage could change this situation.

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