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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.

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August 2022 Global Manufacturing Indices- Declining Momentum Accelerating

Supply Chain Matters

From our lens, Taiwan remains the continued shocker, experiencing a third consecutive monthly decline and noted as equivalent to levels seen in May 2020 during the initial Covid-19 outbreak. South Korea has now become a concern as well as that regions manufacturing activity is now at a contraction level not seen since 2020. . .

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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.

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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,

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October 2022 PMI Reporting Points to Global Wide Manufacturing Contraction

Supply Chain Matters

Once more, the Covid recovery increases that began in March/April of 2020 are now no longer.(Figure At the country level, Spain, Germany and Italy reported 29-month lows in PMI activity. New order inflows reportedly contracted at the fastest pace since May 2020. Figure below). The October reported value of 49.4

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Global Manufacturing Activity Levels Continue to Stabilize in March and Q1-2023

Supply Chain Matters

A specific statement that caught our attention indicated: “ Supply chains continued to recover from the immense pressure experienced through much of the past three-and-one-half years, as average vendor lead times shortened to the greatest extent since May 2009.” China’s expansion was noted as marginal by the end of Q1.

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Welcome to Ada Lovelace Day

Enterra Insights

The official Ada Lovelace Day website explains: “ Ada Lovelace Day was founded by Suw Charman-Anderson in 2009 and aims to raise the profile of women in science, technology, engineering and maths by encouraging people around the world to talk about the women whose work they admire. ”[2]. Footnotes. [1]