California followed with a shortage of 1,801,207 homes over a total supply of 14,762,527 units, about 12.2 percent. The third- and fourth-highest shortages were reported in the Northeast.

You study line graphs plotting supply and demand, whether it pertains to labor or goods. At the macroeconomic level, the price for a particular unit is where those two lines intersect on the chart.

Rising freight demand combined with a persistent shortage of truck drivers is pushing the U.S.'s logistics sector to the brink.

Indian spices seen up on demand, supply shortage By Reuters April 14, 20098:41 PM PDTUpdated April 14, 2009 ...

Oil prices have climbed higher over the past month as markets weigh the supply and demand outlook. Brent crude has surged 8% from its low in early June, trading around $84.51 a barrel on Monday.

Utah is facing a significant housing shortage. Demand continues to outpace supply, escalating home prices and creating affordability challenges for its residents.

Supply fell behind demand and as a result prices for just about everything rose. This happened throughout the world. “Shortage” is a relative term.