The Logistics Manager’s Index was little changed at 73.8 in August of 2021 but still pointed to the fifth-highest growth on record in the logistics sector driven by rapid price growth and significant tightening of capacity. The gauge for warehousing prices remained at an all-time high (88) mostly because of the lack of available capacity. Inventory levels continued to rise at an above-average rate (63.8 vs 66.4) as firms were abandoning JIT principles and ordering earlier and in larger quantities to avoid stockouts. Also, transportation prices increased (93.7 vs 91) as the strain of this excess inventory was being felt on transportation networks. It is expected that the logistics activity will remain strong going into the Autumn “peak season” as firms start preparations for Q4 and the holidays. source: Logistics Managers' Index
Lmi Logistics Managers Index Current in the United States averaged 64.28 points from 2016 until 2021, reaching an all time high of 75 points in June of 2021 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 - values, historical data and charts - was last updated on September of 2021.