The World Economy Is Running Short of Everything

Logistics Managers’ Index is at its second-highest level and has proven unnervingly accurate in the past, matching up with actual costs about 90% of the time. “Essentially what people are telling us to expect is that it’s going to be hard to get supply up to a place where it matches demand, and because of that, we’re going to continue to see some price increases over the next 12 months.” Read more here.