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U.S. Order Volumes Drop Sharply in Q4

January 18, 2023

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A significant slump in order volumes across US supply chains took the shine off a slight improvement in global trade activity in Q4-2022, according to the latest data from Tradeshift, the digital network for global trade.

Tradeshift’s Index of Global Trade Health shows the total volume of trade transactions across global supply chains at 3 points below the baseline in Q4, a modest improvement on the 5-point deficit recorded in Q3 of 2022. Both the Eurozone and the UK followed the global trend, with activity 3 points below the baseline in Q4.

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