Middle market businesses in the United States and the rest of the world have come to rely heavily on China, which exports more intermediate manufactured goods than any other country. The risk of economic disruption to this system increases the longer the coronavirus pandemic persists. Since the first ... READ MORE >
March Federal Reserve data signals more challenges ahead for manufacturers
Survey data released this month from the Federal Reserve Bank’s New York and Philadelphia districts shows the greatest manufacturing index drop ever recorded in those regions for the month of March, with overall readings well below earlier estimates and in negative territory. The Federal Reserve Bank of ... READ MORE >
As coronavirus spreads, so do risks to the global supply chain
As the potential for the coronavirus to become a pandemic looms, the outbreak is starting to affect the supply chains of critical industries across the globe. Since the first confirmed case in Wuhan, the virus has spread to manufacturing hubs including Shanghai, Zhejiang, Jiangsu, Guangdong and ... READ MORE >