Americas Office Fit Out Cost Guide 2024

SUPPLY CHAIN STRESS IS INCREASING ACROSS THE AMERICAS

Global supply chain stress eased significantly from recent highs and hit a new low in May 2023. 1 Geopolitical tensions, however, have impacted supply chains, causing stress to tick up at year-end. > U.S. supply chain stress fell 20% from pandemic peak levels as of November 2023 but remains 27% higher than January 2020. Another key data point: Stress ticked up 8.1% in November 2023 from recent lows in July 2023. > Stress also eased from pandemic highs in Latin America, falling 19% from peak-pandemic highs. Current levels remain elevated—14% higher than pre-pandemic levels. Another key data point: Stress has recently ticked up 5.5% from January 2023 lows.

CUSHMAN & WAKEFIELD, PHILADELPHIA

SUPPLY CHAIN STRESS INDEX (2009-2023)

United States

China

Latin America

Global (RHS)

5

150

4

140

3

130

2

120

1

110

0

100

Supply Chain Stress Index

-1

90

Global Supply Chain Stress Index

-2

80

-3

70

2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

Source: Federal Reserve Bank of New York

4

Cushman & Wakefield