NO END TO GLOBAL MANUFACTURING RECESSION IN SIGHT AS SUPPLY CHAINS WORLDWIDE REMAIN SIGNIFICANTLY UNDERUTILIZED: GEP GLOBAL SUPPLY CHAIN VOLATILITY INDEX

GEP New Jersey

Asia's suppliers see largest rise in idle capacity since June 2020 as the region's economic resilience fadesEurope reported a 7 th successive month of substantial excess vendor capacity, and 17th successive month of subdued demand, reflecting recessionary conditions In contrast, supplier spare capacity across North America is rising, albeit modestly, highlighting greater economic resilience in the U.S. economy and its divergence from EuropeView original content:https://www.prnewswire.co.uk/news-releases/no-end-to-global-manufacturing-recession-in-sight-as-supply-chains-worldwide-remain-significantly-underutilized-gep-global-supply-chain-volatility-index-301989531.html