The GSCPI rose to 1.28 in September, up from an upwardly revised 1.20 in August. The August figure was revised up from an initial reading of 1.06.
The GSCPI provides a gauge of global supply chain conditions by integrating transportation cost data and manufacturing indicators. It has been published since 1997, according to the New York Fed’s overview of the index.
The GSCPI is based on standard deviations from an average value, according to a graph included in the index.
We’d love to be your preferred source for news.
Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!
A zero in the index indicates that it is at its average value, while a positive value indicates higher global supply chain pressure and a negative value indicates lower pressure, according to a staff report on the GSCPI.
The GSCPI hit its most recent peak in May, with the estimate gauged at 1.81, according to the chart. It reached its all-time high in December 2021, with an estimate of 4.43.
The last time the GSCPI had a negative value, or lower-than-average global supply chain pressure, was November 2025. The current estimate for that month is -0.21, per the chart.
Reuters reported in July that supply chain pressures had begun to abate after reaching a four-year high earlier in the year. The GSCPI reached its recent peak in April and May as the U.S.-Iran conflict disrupted the flow of trade through the vital Strait of Hormuz and led to a spike in the price of fuel. The pressures began to abate when some traffic was allowed through the strait, giving economists and Fed officials hope that inflationary pressures would begin to ease.
In other supply chain news, Bloomberg reported in September that The Port of Los Angeles, which is America’s busiest container hub for global trade, blocked more than 120 million cyberattacks during August.
The port’s cybersecurity team identified intrusion, network exploitation, credential harvesting and malware attacks during the month, according to the report.
For all PYMNTS B2B coverage, subscribe to the daily B2B newsletter.
Add as Preferred Source
