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2026-04-06 22:40:26
[New York Fed: US Supply Chain Pressure Rises to Highest Level Since Early 2023 in March] (1) Data released by the Federal Reserve Bank of New York on Monday showed that US supply chain pressure climbed to its highest level since early 2023 in March. (2) The latest global supply chain stress index released by the New York Fed showed that the index rose to 0.68 in March, a slight increase from 0.54 in February. The index uses 0 as a baseline, representing that supply chain pressure is in the normal range, and a positive index means that supply-side pressure continues to rise. (3) The New York Fed did not explain the reason for the rise in the index in March, but it is almost certain that this rise is related to the economic fluctuations caused by the US and Israel's strikes on Iran and the escalation of the situation in the Middle East. However, even though supply chain pressure has rebounded in March, the current index value is still far lower than 4.49 in December 2021, when the COVID-19 pandemic had a significant impact on economic operations.
