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October Global PMI Reporting-Continued Production Contraction

Supply Chain Matters

With output contracting for the fifth consecutive month and business optimism reportedly dipping to an 11-month low, the report pointed to cutbacks occurring in manufacturing employment, purchasing and inventory levels globally. The October PMI reported value fell to a three-month low of 48.8, down from the 49.2 value reported for September.

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November Global PMI Reporting Reflects Some Stabilization

Supply Chain Matters

contractionary mark for fifteen consecutive months and reportedly the longest sequence of deterioration since the period of December 2000 to February 2002. A continued subdued product demand environment and added caution reportedly led to a decline in overall purchasing activity, lower levels of inventory and improved supplier delivery times.

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Supply Chain Disruption. A Deeper Look Into Context, Causes, and Trends  

Elementum

They expanded first into other parts of eastern Asia (Vietnam, Thailand, India), then into eastern Europe (Poland, Ukraine) and Mexico. From 2002 to 2013, the cost of manufacturing in China increased almost 500%, making China significantly more expensive than places like India.