Logistics Managers Index declined in July 2023

ASU expert does not anticipate a recession despite the Logistics Managers Index (LMI) reaching an all-time low.

In this story aired Aug. 22, 2023, on Arizona PBS:

The consumer is still very healthy. Now upstream, back in the supply chain, people have canceled orders and that’s why the overall number is down... (These numbers) show a market getting healthy. But there is some contraction as we go back to the way we do business.

Dale Rogers, professor of supply chain management and ON Semiconductor Professor of Business

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