It has to do with drought in Vietnam and Brazil, but also with rising global demand.
The measure, which also increased year over year, tracks big, one-off purchases like machinery for manufacturing.
The most populated North American metro area is facing a “Day Zero” scenario, and longstanding issues with infrastructure and water management are part of the problem.
A day in the life of a struggling, but hopeful, entrepreneur.
Higher global demand for the drink and climate change’s effect on supply are behind the upward trend.
With advancements in tech and AI, outsourcing looks different now.