Delays in the Supply Chain Are Developing Inland from Ports due to a lack of rail, highway, and logistics infrastructure according to Bloomberg.
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Richmond Federal Reserve Bank finds that rate of growth in manufacturing activity has continued to contract over the last six months and now is in full contraction in line with other bear market and potentially recessionary signs.
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Manufacturing and General Business Activity reaches recessionary territory with steep double digit drops in Texas and the surrounding region according to the Dallas Federal Reserve Bank.
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Import container traffic set records at ports across the United States for the month of February 2022 while the traffic for exports continued its steady decline.
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