A New Barometer of Global Supply Chain Pressures

Gianluca Benigno, Julian di Giovanni, Jan Groen and Adam I. Noble

No 20220104, Liberty Street Economics from Federal Reserve Bank of New York

Abstract: Supply chain disruptions have become a major challenge for the global economy since the start of the COVID-19 pandemic. Factory shutdowns (particularly in Asia) and widespread lockdowns and mobility restrictions have resulted in disruptions across logistics networks, increases in shipping costs, and longer delivery times. Several measures have been used to gauge these disruptions, although those measures tend to focus on selected dimensions of global supply chains. In this post, we propose a new gauge, the Global Supply Chain Pressure Index (GSCPI), which integrates a number of commonly used metrics with an aim to provide a more comprehensive summary of potential disruptions affecting global supply chains.

Keywords: supply chain disruptions; inflation; pandemic; COVID-19; global shocks (search for similar items in EconPapers)
JEL-codes: F0 (search for similar items in EconPapers)
Date: 2022-01-04
New Economics Papers: this item is included in nep-cwa, nep-int and nep-sea
References: Add references at CitEc
Citations: View citations in EconPapers (6)

Downloads: (external link)
https://libertystreeteconomics.newyorkfed.org/2022 ... ply-chain-pressures/ Full text (text/html)
https://newyorkfed.org/medialibrary/media/research ... Chain-Pressures_data Chart data (application/vnd.ms-excel)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fip:fednls:93594

Ordering information: This working paper can be ordered from

Access Statistics for this paper

More papers in Liberty Street Economics from Federal Reserve Bank of New York Contact information at EDIRC.
Bibliographic data for series maintained by Gabriella Bucciarelli ().