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== Developments == | == Developments == | ||
[[File:Screenshot 2023-08-07 083313.png|center|thumb|895x895px|https://www.newyorkfed.org/research/policy/gscpi#/interactive]] | |||
=== February 2023 === | === February 2023 === | ||
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* There were significant upward contributions from Great Britain and Euro Area backlogs as well as United States and Taiwan delivery times. | * There were significant upward contributions from Great Britain and Euro Area backlogs as well as United States and Taiwan delivery times. | ||
* Looking at the underlying data, the readings for Great Britain backlogs (the largest contributor to the upward move in the GSCPI this month) are above their historical average for the first time since February. | * Looking at the underlying data, the readings for Great Britain backlogs (the largest contributor to the upward move in the GSCPI this month) are above their historical average for the first time since February. | ||
=== July 2023 === | |||
* The GSCPI in July rose to -0.90 from a revised value of -1.14 in June; the previous release (before revision) for June had been reported at -1.20. GSCPI readings measure standard deviations from the index’s historical average. | |||
== References == | == References == | ||