Demand for commodities, raw materials and components at its softest in nearly a year, signaling persistent weakness in the global economy: GEP Global Supply Chain Volatility Index

GEP New Jersey

Supply chain spare capacity rose in Europe, Asia and North America in December as slack reaches its greatest level since July 2023.Notably, excess capacity at Asia's suppliers rises to a level not seen since June 2020, suggesting a manufacturing recovery is still some way offInput demand dropped more sharply in North America, which had been relatively resilient, driven by producers of intermediate and capital goodsRecessionary conditions persist in Europe, with purchasers at the region's manufacturers cutting back at a pace rarely surpassed in two decades of dataView original content:https://www.prnewswire.co.uk/news-releases/demand-for-commodities-raw-materials-and-components-at-its-softest-in-nearly-a-year-signaling-persistent-weakness-in-the-global-economy-gep-global-supply-chain-volatility-index-302033040.html