United States Lmi Logistics Managers Index Current

Last Release

Jan 31, 2024

Actual

55.6

Units In

Points

50.6

Frequency

Monthly

Next Release

Mar 05, 2024

Time to Release

25 Days 9 Hours

Highest	Lowest	Average	Date Range	Source
76.2 Mar 2022	45.4 Jul 2023	62.77 Points	2016-2024	Logistics Managers' Index

The Logistics Managers Survey is a monthly study aimed a revealing the status of US logistics activity. The LMI score is a combination of eight unique components that make up the logistics industry, including: inventory levels and costs, warehousing capacity, utilization, and prices, and transportation capacity, utilization, and prices. The LMI is calculated using a diffusion index, in which any reading above 50 percent indicates that logistics is expanding; a reading below 50 percent is indicative of a shrinking logistics industry. .

Latest Updates

The Logistics Manager’s Index in the US increased to 55.6 in January 2024, the highest in three months, from 50.6 in December. For the first time since September 2019, every metric is in expansion territory, led by an increase in the restocking of inventories (52.8 vs 44.3), especially for retailers, after a busy holiday season. This in turn led to a considerable expansion of inventory costs (66.8 vs 55.8). Also, transportation prices rose for the first time since June 2022 (55.8 vs 43.1). Meanwhile, warehousing metrics rose at a slightly slower pace, namely warehousing capacity (54.1 vs 55.1), warehousing utilization (58.7 vs 60.2) and warehousing prices (64.2 vs 65.5). "We need to see a longer period of growth to call an official end to the freight recession. However, January’s report does offer evidence that the logistics industry could be moving back into a period of growth". Yet, future predictions for the overall index rose to 62.8 from 59.9.