Moody's: US supply chains stress is intensifying, could slow economy in coming months

Dhwani Mehta FXStreet

Moody’s Investors Service, in its latest, underscored concerns over the ongoing supply-chain crisis in the US, adding that there seems no light at the end of the tunnel.

Key takeaways

Supply-chain headaches show no sign of subsiding just yet.

Early signs indicate another increase in the supply chain stress index for September.

Stress in US supply chains isn't abating.

None of the underlying measures are moving to show improvement.

It's likely to grow more slowly than previously forecast.

Risk the US economy barely registered any growth in Q3.

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