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July 2022 Global Manufacturing Indices Indicating Declining Momentum

Supply Chain Matters

The Supply Chain Matters blog provides commentary relative to July’s global manufacturing PMI indices relative to data indicating declining momentum, and some contraction among specific global regions. Of added concern, manufacturing powerhouses of France, Germany, Spain and Italy each had contraction level PMI values.

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'Brexit Is Scaring Businesses to Death': Two Experts Debate the Data

Supply Chain Brain

David Blanchflower , professor of economics at Dartmouth College and member of the Bank of England’s monetary policy committee from June 2006 to May 2009: The fallout from the disastrous Brexit vote and the even more calamitous negotiations are scaring businesses to death, and continuing apace. Airbus closing plants in the U.K.

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

Supply Chain Matters

While global supply chain wide pressures have eased considerably, the data points to a number of warning signs that would suggest added contraction in the months to come. Factory orders reportedly increased to the greatest extent since January of 2021, while May data reportedly indicated a sharp and accelerated rate of material purchases.

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August 2022 Global Manufacturing Indices- Declining Momentum Accelerating

Supply Chain Matters

In our summary and perspectives focused on July 2022 reporting , we opined that July data reinforced a trending toward declining global supply chain production momentum. Barring the initial pandemic lockdown months, this is the steepest downturn in US manufacturing seen since the global financial crisis in 2009.”.

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October 2022 PMI Reporting Points to Global Wide Manufacturing Contraction

Supply Chain Matters

Now, October reporting data reinforces global-wide contraction levels in production and new orders, along with manufacturing recession conditions now acknowledged for Europe. Commenting on the September data, Bennett Parrish, Global Economist at J.P. At the country level, Spain, Germany and Italy reported 29-month lows in PMI activity.

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Disruption in China Ripples Across Global Supply Chains in April 2022

Supply Chain Matters

In this Supply Chain Matters commentary, we highlight the latest quantitative data related to global manufacturing PMI activity levels for April. For the first time since 2020, survey data related to Germany indicated that new orders and output slipped into contraction values. China’s Specific Impact. reported for March.

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How Freight Disrupted Itself: The View From Within A Changing Industry

Freightos

Prior to that, Phil held a variety of other logistics roles in both Germany and the United States. For forwarders, just as the 2009 financial crisis ended, another crisis began. Big data technology advances means that even smaller forwarders can realistically expect to gain more efficiency , and reduce costs.

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