Home Industry News Supply Chains Flare Up Again, Endangering Global Recovery

Supply Chains Flare Up Again, Endangering Global Recovery

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Global supply chains are knotting up from China to Denmark, sparking re-examinations of things as macro as globalization itself and micro as trucking efficiency around American ports.

As for the big picture, the intertwined world economy took decades to stitch together and will take years to play out, however it evolves. In the meantime, economists are squinting to see the more granular, short-term shifts that the pandemic and Russia’s war in Ukraine are forcing on consumption, investment, production and trade.

Some observers say now is a good time to focus on different metrics than traditional measures of employment, prices and gross domestic product. A Moody’s Analytics measure shows supply stress in the world’s two biggest economies, the U.S. and China, is still hovering well above the pre-pandemic norm.

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