COVID Purchasing Impact: Finding the Bottom and Reshoring Opportunities

Many industrial sectors may have finally found the bottom last month, but purchasing levels could rebound thanks to some unique market trends.

Cortera, in partnership with Moody’s Analytics, uses their COVID-19 Economic Impact Tracker (CEIT) to provide a breakdown of purchasing data from thousands of companies in various sectors of the U.S economy. Every week, we sit down with Jim Swift, the founder and CEO of Cortera to discuss the tracker’s latest data and what it means to purchasing trends throughout the industrial marketplace. 

In this episode of the Industrial Buyer's Breakdown, Swift, along with editorial director Jeff Reinke, discuss the CEIT’s latest findings, including:

  • The bounce back curves of several key industrial sectors, and what they mean throughout the global supply chain.
  • Which states appear poised to see manufacturing purchasing levels return and grow more quickly.
  • The role reshoring could play in economic recovery from the pandemic.
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