NY Fed Reports Modest Rise In February Supply Chain Pressures

A woman passes by The Federal Reserve Bank of New York in New York

The New York Federal Reserve reported a modest increase in supply chain pressures during the month of February. This development comes amidst ongoing concerns about disruptions and bottlenecks in global supply chains.

The rise in supply chain pressures was noted in the New York Fed's monthly survey of manufacturers in the region. The survey revealed that manufacturers experienced a slight uptick in delivery times and a rise in inventories.