The December US Logistics Manager’s Index was 57.3, down by 1.1 points from November’s 58.4, due to the seasonal wind-down in inventory levels, which dropped to 50, the ‘no-change’ value.
The reduction in inventory levels also led to a drop in the warehousing capacity growth rate.
Transportation prices were up by 3 points to 66.8—the fastest rate of expansion for this metric since April 2022.
The reduction in inventory levels also led to a drop in the warehousing capacity growth rate.
Transportation prices were up by 3 points to 66.8—the fastest rate of expansion for this metric since April 2022.
