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