Supply Chains
Supply-driven upside inflation risks were mounting even before the Hormuz shock. We traced 29 PCE goods categories through the domestic supply chain to produce a Supply-Chain Weighted PPI composite to better forecast goods inflation. The model suggests more upside risk to goods inflation ahead.
The coordinated release from IEA member strategic petroleum reserves is the most significant step to promoting energy market stability since the war in Iran began. This release is understandably dwarfed by the scale of the shock to global production, but it is nevertheless a credible, public signal that governments of
Project VAULT and FORGE represent genuine progress toward building a resilient, diversified supply chain.
Employ America is pleased to endorse the SECURE Minerals Act, which establishes a Strategic Resilience Reserve, high priority for the organization since we first proposed it with Daleep Singh in February 2024. We applaud the efforts of Senator Young, Senator Shaheen, Representative Wittman, and Representative Moolenaar towards legislative enactment. The
While the Inflation Reduction Act (IRA) has already successfully catalyzed investment, there is still more that it can do. Complementary policies addressing price volatility and supply chain vulnerability, as well as permitting reform and other policies, will be needed.
Policies to Sustain the U.S. Auto Supply ChainPolicies to Sustain the U.S. Auto Supply Chain.pdf1 MBdownload-circle Joelle Gamble Copeland most recently served as Deputy Director at the White House National Economic Council. Prior to that, she was Chief Economist for the Department of Labor. The views represented
It is critical to build markets where producers can access affordable hedges against price volatility, and where other participants will affirmatively “buy the dip” in order to manage supply-related price declines and keep critical producers investing in capacity.
The productivity data is messy and often should not be taken at face value. Our "Cautious Case For Productivity Optimism" in the summer of last year flagged three forces that should support better productivity growth in 2023 and 2024 have been cautious optimists about productivity improvement for some