Logistics index shows accelerating growth in supply chain costs
April 13
In March, the Logistics Managers Index (LMI), a key measure of supply chain health, rose to 65.7, marking a 4.2-point increase from February’s reading of 61.5. This latest figure represents the fastest pace of expansion since May 2022.
The March surge was largely driven by continued momentum in the freight market, as demand for transportation and logistics services increased.
Dale Rogers, a professor at W. P. Carey School of Business at Arizona State University joined “Arizona Horizon” to discuss what the growth in the logistics and transportation sectors mean for the overall economy.
