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July 2022 Global Manufacturing Indices Indicating Declining Momentum

Supply Chain Matters

The report authors noted the first drop in manufacturing output since June 2020. Commenting on the July report, Chris Williamson, Chief Business Economist at S&P Global indicated in-part: “ With the exception of pandemic lockdown periods, July saw US manufacturers report the toughest business conditions since 2009. slipping 2.3

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Global Production Activity Levels Unchanged In May But Provide Added Warning Signs

Supply Chain Matters

The latter has been reinforced by the April GSPI Index from the New York Federal Reserve , and now, the reported May GEP Global Supply Chain Volatility Index which indicated that “ for the first time since June 2020, global chain capacity is now underutilized, indicating a shift to a buyers’ market. compared to a value of 49.2 respectively.

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Disruption in China Ripples Across Global Supply Chains in April 2022

Supply Chain Matters

in March, and the lowest level recorded since August 2020. The report specifically indicated: “ Average purchase prices rose to one of the greatest extents during the past 11 years, leading to the joint-steepest increase in output charges since the series began in October 2009.”. . This index fell to a value of 52.2,