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Asian Manufacturing Takes Off While North America Contracts
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Reuters | Supply Chain Volatility Eases to Open the Year
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CNBC | US-China trade war pushed supply chain to breaking point, data shows
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Supply Chain Brain | July Global Supplier Capacity on Par with COVID-19 Pandemic Levels
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Supply Chain Magazine | Key findings from GEP Supply Chain Volatility Index for July
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Supply Chain Quarterly | Global supply chains suffer from excess capacity, GEP’s July survey shows
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Fibre2Fashion | Global supply chain index falls to -0.50 in July 2023
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Consulting.org | GEP: Excess capacity in global supply chains continues to grow
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The Economist | Supply chains are back to normal. Why is inflation still so high?
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Yahoo! Finance | Why the Supply Chain is Setting Up a Buyer’s Market to End 2023
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Bloomberg | North American Freight Markets Show Signs of Picking Up in Second Half
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NPR Marketplace | For the First Time Since Early Pandemic, Supply Chains Have Capacity to Spare
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DC Velocity | Supply chain volatility drops, GEP index shows
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Supply Chain Brain | Global Supply Chains are Operating more Efficiently, GEP Report Finds
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Reuters | Indices Show Supply Chain Inflation and Disruption Rapidly Easing
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Reuters | Supply Chain Volatility Eases to Open the Year
Read More
CNBC | US-China trade war pushed supply chain to breaking point, data shows
Read More
The Wall Street Journal | The Data Investors Watch for Early Signs of Trump Tariff Trouble — in Five Charts
Read More
CNN | Pandemic déjà vu: Fears of higher tariffs are leading some to stockpile goods
Read More
Wall Street Journal | U.S. Manufacturers Are Stocking Up on Imports Ahead of Tariffs
Read More
Procurement Mag | Key Insights: GEP Global Volatility Index November 2024
Read More
Procurement Mag | Key Insights: GEP Global Volatility Index October 2024
Read More
CNBC | How Mexico is winning the trade war between the U.S. and China
Read More
Procurement Mag | Key Insights: GEP Global Volatility Index August 2024
Read More
SDEC | GEP Index Shows Asias Suppliers Growing at Rapid Pace
Read More
Procurement Mag | Key Insights: GEP Global Volatility Index July 2024
Read More
CNBC | Freight trucking recession is nearing an end, logistics executives say
Read More
Procurement Mag | Key Insights: GEP Global Volatility Index May 2024
Read More
Procurement Mag | Key Insights: GEP Global Volatility Index April 2024
Read More
Procurement Mag | Three key insights: GEP Global Volatility Index November 23
Read More
CNBC | As Biden and Xi meet, Asian manufacturing slowdown returns to a 2020 low, led by a softer China
Read More
DC Velocity | Odds look good for a “soft landing” in U.S. inflation fight, GEP report says
Read More
Supply & Demand Chain Exec | Recession Alarm Bells Ring for Europe: GEP Study
Read More
Procurement Mag | Five key findings: GEP Global Volatility Index September
Read More
Supply Management (cips.org) | Excess supply chain capacity could create a ‘whiplash effect’ on production
Read More
DC Velocity | Supply chain volatility drops, GEP index shows
Read More
Supply Chain Brain | July Global Supplier Capacity on Par with COVID-19 Pandemic Levels
Read More
Supply & Demand Chain Executive | Excess Capacity in Global Supply Chains Indicate Deteriorating Economic Conditions
Read More
Supply Chain Magazine | Key findings from GEP Supply Chain Volatility Index for July
Read More
Supply Chain Quarterly | Global supply chains suffer from excess capacity, GEP’s July survey shows
Read More
Fibre2Fashion | Global supply chain index falls to -0.50 in July 2023
Read More
Consulting.org | GEP: Excess capacity in global supply chains continues to grow
Read More
The Economist | Supply chains are back to normal. Why is inflation still so high?
Read More
Yahoo! Finance | Why the Supply Chain is Setting Up a Buyer’s Market to End 2023
Read More
Bloomberg | North American Freight Markets Show Signs of Picking Up in Second Half
Read More
NPR Marketplace | For the First Time Since Early Pandemic, Supply Chains Have Capacity to Spare
Read More
DC Velocity | Supply chain volatility drops, GEP index shows
Read More
Supply Chain Brain | Global Supply Chains are Operating more Efficiently, GEP Report Finds
Read More
Reuters | Indices Show Supply Chain Inflation and Disruption Rapidly Easing
Read More
Reuters | Supply Chain Volatility Eases to Open the Year
Read More
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March 2026
Global: +0.09
Asia: 0.40 +0.28
EU: 0.05 +0.32
NA: -0.26 -0.32
UK: -0.01 +0.16
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Asian Manufacturing Takes off in February While North America Contracts: GEP Global Supply Chain Volatility Index
Supply chains into Asia are the busiest since October 2022 due to sharp rises in manufacturing activity in China, Japan, India, South Korea and Taiwan
North American factory input demand softens, reflecting a cooling of U.S. manufacturing growth
Europe’s industrial recovery gains momentum, driven by Germany, but supply bottlenecks reported more...
GEP Global Supply Chain Volatility Index
+0.18
March 2026
Asia: 0.40
EU: 0.05
NA: -0.26
UK: -0.01
Interpreting the data:
When the SCVI > 0, supply chain capacity is being stretched. The further above 0, the more stretched supply chains are.
When the SCVI < 0, supply chain capacity is being underutilized. The further below 0, the more underutilized supply chains are.
Asia: Manufacturing demand surges to strongest level in 4 years
Europe: Industrial recovery gathers pace but supply bottlenecks emerge
U.K.: Supply chains run near full capacity as demand stabilizes
North America: Factory demand softens as U.S. manufacturers pull back
The next release of the GEP Global Supply Chain Volatility Index will be 8 a.m. ET, April 10, 2026.
About the GEP Supply Chain Volatility Index
The GEP Global Supply Chain Volatility Index is produced by S&P Global and GEP. The GEP Global Supply Chain Volatility Index is derived from S&P Global’s PMI™ surveys, sent to companies in over 40 countries, totalling around 27,000 companies. These countries account for 89% of global gross domestic product (GDP) (source: World Bank World Development Indicators).
The headline figure is the GEP Global Supply Chain Volatility Index. This a weighted sum of six sub-indices derived from PMI data, PMI Comments Trackers and PMI Commodity Price & Supply Indicators complied by S&P Global.
The GEP Global Supply Chain Volatility Index is calculated using a weighted sum of the z-scores of the six indices. Weights are determined by analysing the impact each component has on suppliers’ delivery times through regression analysis.
The six variables used are 1) JP Morgan Global Quantity of Purchases Index, 2) All Items Supply Shortages Indicator, 3) Transport Price Pressure Indicator and Manufacturing PMI Comments Tracker data for 4) stockpiling due to supply or price concerns, and backlogs rising due to 5) staff shortages and 6) item shortages.
A value above 0 indicates that supply chain capacity is being stretched and supply-chain volatility is increasing. The further above 0, the greater the extent to which capacity is being stretched.
A value below 0 indicates that supply chain capacity is being underutilized, reducing supply-chain volatility. The further below 0, the greater the extent to which capacity is being underutilized.
A Supply Chain Volatility Index is also published at a regional level for Europe, Asia, North America and the UK. The regional indices measure the performance of supply-chains connected to those parts of the world.
For more information on PMI surveys, PMI Comments Trackers and PMI Commodity Price & Supply Indicators, the GEP Supply Chain Volatility Index methodologies, please contact economics@ihsmarkit.com.