An analysis released by the Federal Reserve Bank of New York (FRBNY) on Jan. 6 suggests that China’s current COVID-19 outbreak is slowing the global supply chain’s return to a normal range and negatively impacting neighboring trade partners. The FRBNY first released its Global Supply Chain Pressure Index (GSCPI), a measure of global supply chain…
‘Made in China’ Continues to Lose Momentum as Pandemic Disrupts Supply Chain
Electric Vehicles ‘Laughable’ Proposition for at Least a Decade: Expert
Geopolitical strategist Peter Zeihan has dismissed the possibility of electric vehicles (EVs) going mainstream in the next 10 years owing to limitations on materials and unresolved supply chain issues. “The lithium comes from one place, and it’s all processed in China. So, just building the alternate processing infrastructure … and by the way, we have…
Supply Chain Issues Account for Half of US Inflation, Says San Francisco Fed
Supply chain issues have accounted for about half of the surge in U.S. inflation, exacerbated by the conflict in Ukraine, according to a June 21 report from the Federal Reserve Bank of San Francisco. High consumer demand currently makes up a third of the increase. “These results showing that factors other than demand account for about…
Another Supply Chain Shockwave Is Coming Amid Pent-Up Supply, Industry Experts Warn
The global supply chain crisis is about to experience a fresh shockwave as factories reopen in China and begin a mad rush to resume production and fill orders. Following a series of lockdowns and renewed public health restrictions in response to COVID-19 outbreaks, manufacturers have restarted operations and are now frantically trying to catch up….
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