US supply chain activity finished Q4 within touching distance of pre-pandemic forecasts, as global transaction volumes between buyers and suppliers showed increasing signs of stabilising, new data from Tradeshift reveals. But signs of a protracted slowdown across Chinese supply chains suggest further disruption could lie ahead.
According to Tradeshift’s Q4 2021 Index of Global Trade Health, the recovery in activity across US supply chains continues to track at a significantly higher level than the rest of the world. Momentum dipped slightly in Q4, falling one point compared to the previous quarter, but an index score of 97 (against a baseline of 100) for the period means the cumulative growth in activity since the pandemic sits just 3 points below the pre-pandemic forecast.
Read more at the International Accounting Bulletin here