Researchers at the New York Federal Reserve have a new way to measure the logistics chaos that’s being partially blamed for consumer price inflation: the Global Supply Chain Pressure Index (GSCPI).
The new measure aggregates 27 indicators — including two shipping indexes, the Baltic Dry Index (BDI) and Harpex index — into a standard deviation from the average since 1997. It’s designed to provide “a more comprehensive summary of potential disruptions affecting global supply chains.”
So, how high...
https://www.freightwaves.com/news/new-index-measures-supply-chain-pressure-and-its-really-high