Tariff fears drive u.s. stockpiling in august, while manufacturing weakens in europe and asia: gep supply chain volatility index

North america's supply chains get busier, with sharp stockpiling of components to guard against tariff-driven shortages and price inflation asia's manufacturers cut purchases, led by japan and taiwan, and to a lesser extent china europe weakens further, dragged down by germany and a sharp downturn in the uk clark, n.j. , sept. 11, 2025 /prnewswire/ -- gep global supply chain volatility index, a leading economic indicator based on a monthly survey of 27,000 businesses, slipped to -0.39 in august, from -0.35 in july, signaling rising spare capacity as global supply chain activity cooled.
SPGI Ratings Summary
SPGI Quant Ranking