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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. The July 2022 Manufacturing ISM© Report on Business reported the lowest PMI value since June 2020.

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

Supply Chain Matters

Source: S&P Global Monthly PMI Reporting Highlights of Regional Reporting Continued High expansion in India Manufacturing activity levels across India remained at high expansion levels in May, outpacing all other regions. Fiore, Chair of the Institute of Supply Management Manufacturing Business Survey Committee noted in part: “ The U.S.

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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. in March to 46.0