‘Made in China’ Continues to Lose Momentum as Pandemic Disrupts Supply Chain

Manufacturers look to reduce sourcing from China

A delivery driver organizes packages outside a depot in Beijing, China, on Dec. 21, 2022. The current outbreak of COVID-19 in China has caused disruptions in the supply chain as workers fall ill. Kevin Frayer/Getty Images

An analysis released by the Federal Reserve Bank of New York (FRBNY) on Jan. 6 suggests that China’s current COVID-19 outbreak is slowing the global supply chain’s return to a normal range and negatively impacting neighboring trade partners.

The FRBNY first released its Global Supply Chain Pressure Index (GSCPI), a measure of global supply chain conditions, in January 2021.