The Logistics Manager’s Index in the US increased to 54.6 in December of 2022 from 53.6 in November which was the second lowest reading on record, with economic activity usually revolving around holiday shopping firms take steps to prepare for it. Inventory Levels (57.3) are increasing at a much slower rate than was observed throughout most of 2022. Inventory Levels were much higher for Downstream than for Upstream firms (62.8 to 53.3 respectively), as Downstream respondents such as retailers held higher levels of inventory and dealt with more limited warehousing as they pushed to get goods to consumers for holiday shopping. Meanwhile, Transportation Utilization was down to 48.1, marking the first time it has dipped into contraction territory since April of 2020. Transportation Prices contracted at a rate of 36.9, which is the sharpest rate of contraction on record. source: Logistics Managers' Index
Lmi Logistics Managers Index Current in the United States averaged 64.71 points from 2016 until 2022, reaching an all time high of 76.20 points in March of 2022 and a record low of 51.31 points in April of 2020. This page provides - United States LMI Logistics Managers Index Current- actual values, historical data, forecast, chart, statistics, economic calendar and news. United States LMI Logistics Managers Index Current - data, historical chart, forecasts and calendar of releases - was last updated on January of 2023.