Supply chains more normal than they seem – Richmond Fed study
Research says index compiled by New York Fed points to business as usual
Supply chain conditions may be more normal than they appear, research from the Federal Reserve Bank of Richmond has found.
The study, published on May 20, examines two indexes: the World Bank’s global supply chain stress index; and the New York Fed’s global supply chain pressure index. The former shows supply chain constraints are near 2021 and 2022 levels, whereas the latter shows normal pressure levels.
The World Bank index looks at the volume of global shipping that has been delayed. “It began
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