According to Steve Hallo's article on Law.com, there was a rise in the rate of product recalls in the third quarter of 2021 across all industries.
Hallo references a product recall index done by Sedgwick and says, "Automotive recalls reached a seven-quarter high and increased 21.1% compared with Q2 2021, while consumer product recalls remained relatively flat when compared to quarterly averages from 2019 and 2020. After showing multiple quarters of declines, medical devices and pharmaceutical industries both saw recalls increase 35.8% and 45.8%, respectively, during Q3 2021, Sedgwick reported."
This increase can be attributed to supply chain issues, labor shortages, and increased costs of shipping and elements needed to manufacture goods.
To read more about this issue, click here to read the article by Hallo.