U.S. Logistics Manager’s Index Drops to an All Time Low in May
Supply Chain Matters
JUNE 7, 2023
not only described as a “ significant rate of contraction ,” but also the first time that this particular metric has reached such a low level. Noted was a late May decline, largely driven by a more pronounced shift in inventories in the second half of May, reflecting a higher rate of expansion in the first half.
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