New York Fed: Supply chain pressures worsened in March

MaticHoleFiller · 2026-04-07T02:58:03+00:00

The Federal Reserve Bank of New York reports that the Global Supply Chain Pressure Index rose to 0.68 in March, up from 0.54 in February, possibly related to tensions in the Middle East, but still below the 2021 peak of 4.49.

MaticHoleFiller

2026-04-07 02:58:03

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Data released by the Federal Reserve Bank of New York on Monday showed that supply chain pressures in March rose to the level seen since early 2023.

In its latest Global Supply Chain Pressure Index, the bank said the index rose to 0.68, up modestly from 0.54 in February. A value of 0 means supply chain pressure is at normal levels, while a positive number indicates that pressure is steadily increasing.

The New York Fed did not provide a reason for the index rise in March, but it is almost certain that it is related to supply chain disruptions caused by the Middle East turmoil sparked by the U.S.-Israel attacks on Iran. However, even though the reading rebounded in March, it remains far below 4.49 in December 2021, when pandemic-related pressures were severely weighing on the economy.

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