Global supply chains ran at their highest capacity of the year in June, driven by U.S. manufacturers rushing to buy materials ahead of a potential end to a pause on tariffs, according to the latest Global Supply Chain Volatility Index from consulting and technology firm GEP.
Why it matters: The spike in activity suggests companies are not waiting for policy certainty, but are instead actively stockpiling inputs to mitigate the risk of future cost increases. This front-loading of orders creates a temporary boom that may mask underlying weaknesses or lead to a subsequent slowdown.
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