North american manufacturers begin stockpiling to buffer against tariffs while asian suppliers record renewed growth as chinese manufacturing rebounds, driven by stimulus and exports: gep global supply chain volatility index
Increased safety stockpiling reported by north american manufacturers, led by the u.s., as firms anticipate higher imported costs asian factories' purchasing of inputs rises at the fastest rate in three-and-a-half years as firms, particularly in china, ramp up production to meet stronger orders, reflecting domestic stimulus measures and advanced buying ahead of possible tariffs by contrast, europe's industrial recession worsens in november, in large part due to germany's deepening manufacturing downturn clark, n.j. , dec. 16, 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 — signaled the smallest level of spare capacity in global supply chains since june in november, as the index rose to -0.20, from -0.39 previously.
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