CIBR - U.S. Consumer Goods Producers Report Highest Capacity Constraints
- The latest IHS Markit US Sector PMI revealed that six of the seven broad sectors tracked by the surveys reported higher output in November.
- Despite some of the supply chain problems having eased in November, the extent to which production growth had been constrained is consistent with manufacturing acting as a drag on the economy during the fourth quarter.
- Amid the onslaught of supply chain woes, prices have been shown to remain elevated and the recent US central bank rhetoric also adopted a hawkish-tilt.
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U.S. Consumer Goods Producers Report Highest Capacity Constraints