Supply chain bottlenecks eased in March, but it won't be for long. Widespread lockdowns in China and prolonged geopolitical conflict in Ukraine will most likely assure another round of supply chain snarls ahead. Our RSM US Supply Chain Index rose 4.5% to 2.76 standard deviation below neutral. The ... READ MORE >
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Canada’s supply chain takes a downturn as fuel prices climb
As Canada’s economy reopened and COVID-19 restrictions were reduced, businesses held out hope that supply chain bottlenecks that had hampered the recovery would ease. But that prospect once again faltered with the Russian invasion of Ukraine and a resurgence of the coronavirus in China, an RSM Canada ... READ MORE >
RSM Canada Supply Chain Index is flat, but challenges await
The RSM Canada Supply Chain Index in February continued to show stress in the economy, measuring 1.89 standard deviation below normal and little changed from January. For a while, conditions looked promising as the economy recovered from the omicron variant’s spread. Yet this progress was offset by ... READ MORE >
RSM US Supply Chain Index posted the best result in a year
As much of the world eases COVID restrictions, we believe that the worst of domestic supply chain issues are in the rear-view mirror. Yet rising infections in some countries, along with geopolitical tensions, could delay a full return to normal. After a dip in January because of the omicron ... READ MORE >
Chart of the day: Manufacturing grows as supply chains improve
The manufacturing sector expanded in February as the economy continued a strong rebound. The manufacturing purchasing managers’ index rose 1 percentage point to 58.6 in February, registering the 21st consecutive month of growth, the Institute for Supply Management reported on Tuesday. The sector has ... READ MORE >
Canada’s supply chain worsens amid omicron’s spread
RSM Canada’s Supply Chain Index worsened to 1.84 standard deviations below zero in January, down from a revised 1.36 standard deviations below zero in December as the omicron variant spread across Canada and the world. The highly infectious strain of the coronavirus hurt the supply chain more than ... READ MORE >
RSM US Supply Chain Index: Omicron pauses improvement
Stress in the U.S. supply chain increased in January as the omicron surge temporarily put some parts of overall production to a halt. While we still expect stress on U.S. and global supply chains to improve this year, geopolitical tensions associated with the imminent Russian incursion into Ukraine ... READ MORE >
How construction firms can manage a fractured supply chain
Two years into the pandemic, the construction industry is still grappling with the fallout of the economic shock as builders scramble to secure raw materials and the workers to keep their projects on track. The whipsaw change over the past two years has fragmented the construction supply chain, ... READ MORE >
Canada inflation highest since 1991 as supply chain disruptions continue
Canada’s consumer price index hit 4.8% in December, the highest since 1991 as supply chain disruptions continued, according to data released by Statistics Canada on Wednesday. The inflation is driven by supply chain disruptions, pent-up demand and inflation expectations. While pent-up demand is ... READ MORE >
RSM US Supply Chain Index: The worst may have passed, but choppy waters remain
The strength of the supply chain in the United States showed significant improvement for a second straight month in December after reaching a two-decade low in October, according to the newest data from the RSM US Supply Chain Index. The index rose 24% on the month to 3.12 standard deviations below ... READ MORE >