Last Update: Thursday, August 16, 2023 Next Update: Friday, September 1, 2023 This is the Final Supply Chain Monitor in this exact format. Starting in September, newsletter subscribers will receive updated monitors as each data source comes out, along with commentary that...
We are seeing an economy that is still growing, slowing, and stabilizing as businesses come to understand the dynamics of the post-pandemic environment. With that said, we might be close to the end of the downswing part of “normalization”.
Lately, everyone has been looking closely for reliable recession indicators. We have been as well, but when we look at the overall labor market and investment picture, more and more things seem to be saying “No Recession.”
In a usual business cycle, investment in industrial equipment leads investment in manufacturing structures as businesses scale capacity up to meet demand. Today we’re seeing manufacturing investment explode upwards even as investment in equipment slows. This may be an early indication that CHIPS...
What’s Happening: Despite signs of a “bloodbath” in the spot market for trucking, investment in the production of new trucks is set up to hold steady even...
