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July 2022 Global Manufacturing Indices Indicating Declining Momentum

Supply Chain Matters

United States. Indices reflecting manufacturing across the United States reflected lower momentum as well. The report authors noted the first drop in manufacturing output since June 2020. The July 2022 Manufacturing ISMĀ© Report on Business reported the lowest PMI value since June 2020. down from the 52.7

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Global Manufacturing Activity Continues Downward Trajectory at the Close of 2022

Supply Chain Matters

The overall theme depicted in the December 2022 reporting was an intensification of a global manufacturing downturn, with continuing output reductions across the Eurozone , Japan , China and the United States. Sources; S&P Global and ISM, 2022. and equated to the lowest level since February 2020. Two indices of U.S.

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November 2022 PMI Indices Point to Further Global Wide Production Contraction

Supply Chain Matters

Of increased concern was indications that rates of decline accelerated in China , while output levels in the United States contracted after 29 months of consecutive growth. Global business optimism was reported as being at one of its lowest level since the Covid-19 pandemic began in early 2020. United States.

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COVID-19ā€™s Immediate Impact on the Automotive Supplier Industry

QAD

million units in 2020, down 13.8% million units. These mega-mergers started in 2020 planning to address these structural issues, and then COVID-19 hit. During the great recession of 2007-2009, a government bailout was only offered to the major automakers, and in the end, GM and Chrysler took the assistance.

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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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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

In Fortune 500 earnings calls for Q3 of 2021, ā€œsupply chainā€ mentions were up 412% from Q3 in 2020. 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK. Image source: Fortune. higher than 2020. higher than 2020.

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

Supply Chain Matters

Supply Chain Matters provides highlights of March and Q1- 2023 reported global and regional PMI indices which reinforce a state of stabilization within global supply chain networks. However, we discern some added signs excess inventories and of production sourcing shifts. United States Two indices of U.S.