NEW YORK (CBSNewYork) — If you’re looking to buy a bike this summer, you may have to wait due to a nationwide shortage.
The pandemic slowed bike production and manufacturers have yet to catch up.READ MORE: New York City Rolls Out $100 Incentive For Getting Vaccinated As CDC Report Warns Delta Variant As Contagious As Chicken Pox
At the same time, demand skyrocketed last year and isn’t slowing down.
There’s now a struggle to supply products across the city, including at Bicycle Habitat in Park Slope, which says there’s a two-to-three month wait.READ MORE: Broadway Vaccine Mandate: Audiences Must Be Vaccinated And Masked; Performers, Crew And Staff Required To Be Vaccinated
Some stores ran out of inventory last year, which has been hurting bike businesses.
“We’re definitely not making that much money, but we’re just making enough to survive right now,” said Jason Dohrmann, at Summit and Cycle.
“We’re seeing numbers that are just jaw-dropping,” said Matt Powell, with the market research firm NDP Group.MORE NEWS: Man Suffers Broken Nose In Alleged Anti-Asian Attack At Midtown Subway Station
According to NDP Group, sales between December 2020 and February 2021 grew 55% compared to the same time the previous year.