ODDS OF A SOFT LANDING FOR THE U.S. ECONOMY ARE RISING AS MANUFACTURING STABILIZES IN SEPTEMBER, BUT RECESSION ALARM BELLS RING FOR EUROPE: GEP GLOBAL SUPPLY CHAIN VOLATILITY INDEX

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 — fell from -0.18 in August to -0.35 in September, with a sharper increase in excess capacity across the world’s supply chains. Continue reading