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Supply chain bottlenecks in the euro area and the United States: where do we stand?

Author

Listed:
  • Attinasi, Maria Grazia
  • De Santis, Roberto A.
  • Di Stefano, Claudia
  • Gerinovics, Rinalds
  • Tóth, Máté Barnabás

Abstract

Strains in global supply chains of goods have been weighing on the global business cycle since late 2020. Given the multifaceted nature of supply bottlenecks, this box uses a relatively large set of indicators to track their causes. These indicators can help identify any signs of improvement or deterioration in specific economic sectors at an earlier stage. These sectoral indicators are represented in the form of heatmaps for the euro area and the United States. Recent data suggest that supply bottlenecks remain at historically high levels in both economies but may be starting to ease. JEL Classification: C30, E32, F60

Suggested Citation

  • Attinasi, Maria Grazia & De Santis, Roberto A. & Di Stefano, Claudia & Gerinovics, Rinalds & Tóth, Máté Barnabás, 2022. "Supply chain bottlenecks in the euro area and the United States: where do we stand?," Economic Bulletin Boxes, European Central Bank, vol. 2.
    • Handle: RePEc:ecb:ecbbox:2022:0002:1
    Note: 930374
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    More about this item

    Keywords

    Economic analysis; supply bottlenecks;

    JEL classification:

    • C30 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - General
    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
    • F60 - International Economics - - Economic Impacts of Globalization - - - General

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