WebFeb 22, 2024 · Considering the multitude of macroeconomic forces affecting the supply chain, one can use a single measure from the New York Fed, the Global Supply Chain Pressure Index (GSCPI), to gauge the overall … WebJan 6, 2024 · In a January 2024 post, we first presented the Global Supply Chain Pressure Index (GSCPI), a parsimonious global measure designed to capture supply chain disruptions using a range of indicators. In this post, …
New York Fed Index Shows Rising Supply Chain Pressure - gCaptain
WebApr 5, 2024 · The New York Fed’s academic projection of a substantial easing of US CPI in 2024 to below 4%, which is a level consistent with a soft-landing scenario, is based on the assumption that the GSCPI normalises to its historical average over 12 months. Chart 5: Global supply chain pressure is easing. Source: Bloomberg, January 2024 WebJan 4, 2024 · The New York Fed tested 27 total variables to estimate its GSCPI measure. The researchers said they will soon publish a blog post to show how shocks to the GSCPI affect producer and consumer price ... things to do to prevent seizures
New York Fed Launches Global Supply Chain Pressure Index
WebFeb 21, 2024 · We find that global supply factors captured by the New York Fed’s Global Supply Chain Pressure Index (GSCPI) are strongly associated with inflationary developments measured by the producer price index (PPI) and by the c0nsumer price index (CPI). Under the assumption that the GSCPI falls back to its historical average over … WebGlobal Supply Chain Pressure Index (GSCPI) Our index integrates transportation cost data and manufacturing indicators to provide a gauge of global supply chain conditions. … WebMar 3, 2024 · The GSCPI fell to 3.31 in February from 3.82 in January and 4.50 in December. In the U.S., the supply chain pressure index fell to 2.63 in February from 2.99 in January and 2.96 in December. The... salem red sox baseball schedule