A Game of Chairs – Emerging Multi-sourcing in Furniture
One of the most popular approaches to improving resiliency is to become less dependent on a single source of supply by multi-sourcing. We are seeing evidence of that in the furniture sector.
Supply chain insights, trends, and expert analysis
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Jobs Aplenty - Flexport Weekly Economic Report
Though U.S. GDP slowed for the second consecutive quarter in Q1, less volatile measures of economic strength perked up in a way they had not for over a year. This shows resurgent consumer strength.
U.S. Consumer Strength - Flexport Weekly Economic Report
Though U.S. GDP slowed for the second consecutive quarter in Q1, less volatile measures of economic strength perked up in a way they had not for over a year. This shows resurgent consumer strength.
Neither Ship nor Shore – The Rise of Landlocked Laredo
Container throughput at Laredo on the US - Mexico border reached a new monthly high in March, jumping by more than 30,000 twenty-foot equivalent units (TEUs) from February to reach nearly 235,000.
The IMF’s Rocky World Outlook - Flexport Weekly Economic Report
In its major forecast for global economic conditions, the International Monetary Fund sees a difficult year and ample downside risks. Although it’s not predicting many outright contractions, it does project a global slowdown in both trade and output growth this year.
Job Market Strength - Flexport Weekly Economic Report
The latest U.S. data from the Bureau of Labor Statistics (BLS) showed a job market that was slowing but still exhibiting historic strength. In thinking about what this likely means for monetary policy, the level should matter more than the trend.
Personal Consumption Eras - Flexport Weekly Economic Report
New data on U.S. Personal Income and Outlays in February showed both holding fairly steady. That’s consistent with the trend of the last year and a half, when the mayhem of Covid’s onset gave way to more stable consumption growth.
Fed Moves - Flexport Weekly Economic Report
U.S. seasonally-adjusted real trade data showed a notable upturn in the month of January, with imports gaining across a range of categories. While real imports ended up nearly flat over January 2022, there was substantial variation across subcategories.