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. Germany and Italy values were noted as being 25-month lows.
Supply Chain Matters
JUNE 5, 2023
To add further perspective to our prior Supply Chain Matters commentary indicating an economic and manufacturing recession now occurring in Germany , the separately reported HCOB Germany Manufacturing PMI© fell again in May to a value of 43.2 and noted as the lowest value in three years. percentage points from the April value of 46.7,
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Freightos
JANUARY 12, 2016
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. Supply chain volatility, increased procurement vendors, agile manufacturing and an on-demand economy. Then, in November 2015, Phil joined Freightos.
Supply Chain Matters
MAY 3, 2022
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.
Supply Chain Matters
SEPTEMBER 3, 2022
Barring the initial pandemic lockdown months, this is the steepest downturn in US manufacturing seen since the global financial crisis in 2009.”. Of continued concern, manufacturing powerhouses of Germany, Spain and Italy each remain at contraction level PMI values. the same value as that of July.
Supply Chain Matters
APRIL 4, 2023
A specific statement that caught our attention indicated: “ Supply chains continued to recover from the immense pressure experienced through much of the past three-and-one-half years, as average vendor lead times shortened to the greatest extent since May 2009.” China’s expansion was noted as marginal by the end of Q1.
Supply Chain Matters
NOVEMBER 4, 2022
At the country level, Spain, Germany and Italy reported 29-month lows in PMI activity. The October S&P Global Taiwan Manufacturing PMI® plummeted to its lowest level since 2009. Noted in the October report was that the sub-indexes of output and new orders fell at rates, “ rarely surpassed across 25 years of PMI data collection.”
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