Remove 2009 Remove Consumer Goods Remove Procurement Remove Trends
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July 2022 Global Manufacturing Indices Indicating Declining Momentum

Supply Chain Matters

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. Total new orders reportedly fell sharply. for July, down from the 50.2 reported for June.

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

Supply Chain Matters

The report noted that the May value represented “ the seventh month of contraction and a continuation of a downward trend that began in June 2022.” The NBS did note that the PMI’s associated with equipment manufacturing, high-tech manufacturing and consumer products industries stood at 50.4, for May, 0.2 percentage points below the 47.1

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Disruption in China Ripples Across Global Supply Chains in April 2022

Supply Chain Matters

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.”. . China’s Specific Impact. in April, from the value of 49.5 reported for March. from a value of 56.5