The Logistics Manager’s Index in the US fell for a second month to 67.1 in May of 2022, the lowest since December of 2020 and down considerably from March’s all-time high of 76.2. The reading showed the supply pressures are easing as transportation capacity grew the most in nearly two years (64.7, the highest since October of 2019 vs 56.9) and the rate of growth in transportation prices decelerated (65.3 vs 73.9). Still, supply chains continue to struggle to find the capacity needed to deal with high levels of inventory (69.3 vs 72.3 in April). Adding to voes, warehousing capacity (45.9 vs 40.8) extended a streak of 21 consecutive months of contraction as shipping containers continue to be a chokepoint as they sit on docks due to a shortage in available space. source: Logistics Managers' Index

Lmi Logistics Managers Index Current in the United States averaged 65.30 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 July of 2022.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
United States LMI Logistics Managers Index Current



Related Last Previous Unit Reference
Lmi Warehouse Prices 87.50 85.80 points May 2022
Lmi Transportation Prices 65.30 73.90 points May 2022
Lmi Logistics Managers Index Future 66.00 67.80 points May 2022
Lmi Logistics Managers Index Current 67.10 69.70 points May 2022
Lmi Inventory Costs 88.10 87.70 points May 2022

United States LMI Logistics Managers Index Current
The Logistics Managers Survey is a monthly study aimed a revealing the status of US logistics activity. The LMI score is a combination of eight unique components that make up the logistics industry, including: inventory levels and costs, warehousing capacity, utilization, and prices, and transportation capacity, utilization, and prices. The LMI is calculated using a diffusion index, in which any reading above 50 percent indicates that logistics is expanding; a reading below 50 percent is indicative of a shrinking logistics industry. .
Actual Previous Highest Lowest Dates Unit Frequency
67.10 69.70 76.20 51.31 2016 - 2022 points Monthly

News Stream
Supply Pressures in the US Eased in May
The Logistics Manager’s Index in the US fell for a second month to 67.1 in May of 2022, the lowest since December of 2020 and down considerably from March’s all-time high of 76.2. The reading showed the supply pressures are easing as transportation capacity grew the most in nearly two years (64.7, the highest since October of 2019 vs 56.9) and the rate of growth in transportation prices decelerated (65.3 vs 73.9). Still, supply chains continue to struggle to find the capacity needed to deal with high levels of inventory (69.3 vs 72.3 in April). Adding to voes, warehousing capacity (45.9 vs 40.8) extended a streak of 21 consecutive months of contraction as shipping containers continue to be a chokepoint as they sit on docks due to a shortage in available space.
2022-06-07
US LMI Logistics Index Falls to 15-Month Low
The Logistics Manager’s Index in the US fell to 69.7 in April of 2022, the lowest since January of 2021, from a record high of 76.2 in March as main metrics shifted. Transportation Capacity increased for the first time in nearly two years (+11.2 to 56.9) while Transportation Prices declined (-15.8 to 73.9). Despite the slowdown in transportation, respondents still indicate growth in the sector. Also, Inventory Levels (-3.3 to 72.3) and Inventory Costs (-3.3 to 87.7) declined weighed by shutdowns throughout China. Meanwhile Warehousing Capacity remains in contraction (+4.8 to 40.8) while Warehousing Utilization eased (-4.1 to 70.9). Whether this slowdown will result in recessionary pressures or is simply the market moderating towards more sustainable levels, remains to be seen, as costs continue to grow and capacity remains tight.
2022-05-03
LMI Logistics Index Hits Record High
The Logistics Manager’s Index in the US increased to a record high of 76.2 in March of 2022, as continued inventory congestion has driven inventory costs (91 vs 90.3), warehousing prices (90.5 vs 86.4) and overall aggregate logistics costs to all-time high levels. This is putting even more pressure on already-constrained capacity which hit an all-time low (36.1 vs 42.4). Transportation capacity (45.7 vs 44.4) was headed in that direction too from March 1st-March 15th but seems to have changed course slightly due to the rapidly increasing cost of fuel. Deadhead loads are likely to increase by $2,000 - $3,000 per load given the high costs of fuel, making it less attractive to drive empty trucks back to California, and could significantly impact the tender rejection rate. Adding to the global supply chain upheaval are the ongoing COVID-related shutdowns happening across China. Considering Q1, the average of the LMI index was 74.5, well above the all-time average of 65.2.
2022-04-05