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Supply chain executives are braced for a global slowdown and see a threat to emerging markets, according to Agility’s annual survey. Sixty-four percent of industry professionals surveyed for the 2020 Agility Emerging Markets Logistics Index say a recession is likely in the next 12 months.
Supply chain industry executives do not foresee a global economic recovery until 2022 or beyond, despite an expectation that Asia, North America and Europe will rebound this year from the downturn triggered by the COVID-19 pandemic. Of 1,200 industry professionals surveyed for the 2021 Agility Emerging Markets Logistics Index, 51.5%
The logisticsindustry sees emerging markets growing at a healthy 5% pace in 2019, but a surprising percentage of executives are bracing for a crisis amid U.S.-China In Agility’s annual survey of more than 500 supply chain industry professionals, 55.7% China trade volumes this year, the survey shows.
For many businesses such as the financial and automotive industries, the UK has been viewed as a launchpad to the European continent. Will this continue or will industries move to another location? The survey respondents that indicated no idea or no impact represent all the uncertainty surrounding this decision.
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