• North America factory purchasing activity deteriorates more quickly in September, with demand at its weakest year-to-date, signaling a quickly slowing U.S. economy
  • Factory procurement activity in China fell for a third straight month, and devastation from Typhoon Yagi hit vendors feeding Southeast Asian markets like Vietnam
  • Europe's industrial recession deepens, leading to an even larger increase in supplier spare capacity
CLARK, N.J., Oct. 11, 2024 /PRNewswire/ -- The GEP Global Supply Chain Volatility Index - a leading indicator tracking demand conditions, shortages, transportation costs, inventories and backlogs based on a monthly survey of 27,000 businesses - decreased in September to -0.43 (August: -0.37), its lowest level in 14 months and indicating the greatest level of global supply chain spare capacity since July 2023.

GEP Global Supply Chain Volatility Index. Interpreting the data: Index > 0, supply chain capacity is being stretched. The further above 0, the more stretched supply chains are. Index < 0, supply chain capacity is being underutilized. The further below 0, the more underutilized supply chains are.

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