Drewry’s composite World Container Index decreased by 1% to $2,127.33 per 40ft container this week – 15 Dec 22. Drewry WCI: Trade Routes from Shanghai (US$/40ft) – 15 Dec 22: Drewry WCI: Shanghai to Los Angeles – $2,000 Source: Drewry WCI
World Container Index – 15 Dec 22 Read More »
Dec 14 22 FOMC statement. Here are the projections. In September, the FOMC participants’ midpoint of the target level for the federal funds rate was 4.625%. The FOMC participants’ midpoint of the target range is now closer to 5.125%. Current Wall Street forecasts are for GDP to increase in 2022 Q4 over Q4, slightly above
FOMC Statement and Projections Read More »
Manufacturing orders from China down 40% in unrelenting demand collapse KEY POINTS [November 2022] U.S. manufacturing orders in China are down 40% in what a logistics manager described to CNBC as an unrelenting demand collapse. Asia-based shipping firm HLS recently told clients it is a “very bad time for the shipping industry.” China to U.S.
Manufacturing PMI® at 49% 2022 November The ISM® manufacturing index indicated contraction. The PMI® was 49.0% in November, down from 50.2% in October. The employment index was at 48.4%, down from 50.0% last month, and the new orders index was at 47.2%, down from 49.2%. Manufacturing ISM® Report On Business® Economic activity in the manufacturing sector
Mfg. PMI® at 49% Nov. 2022 Read More »
To get started in building resilience for the years ahead, companies can take three steps: Describe how resilient you are today. How resilient are you currently—overall and across each of the six dimensions of resilience? Do you have well-developed capabilities to anticipate and respond to disruption or crisis? What are you doing to promote resilience? In