Chart of the Week: Logistics Managers’ Index – Inventory Levels, Inventory Costs, SONAR: LMI.INVL, LMI.INVC
The February Logistics Managers’ Index (LMI), which measures directional changes in transportation and warehousing activity, showed inventories growing at the fastest pace since the index was created in 2016 with a monthly value of 80.16. With companies finally making significant headway in restocking, orders may begin to slow, which may allow for supply chains to stabilize.
Companies...