July 2022 Global Manufacturing Indices Indicating Declining Momentum
Supply Chain Matters
AUGUST 3, 2022
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.
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