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