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Global Manufacturing Activity Levels Continue to Stabilize in March and Q1-2023

Supply Chain Matters

However, we discern some added signs excess inventories and of production sourcing shifts. Global Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. From our lens, the latter is evidence of recessionary manufacturing conditions that are now stabilizing. That stated, the reported 49.6

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November 2022 PMI Indices Point to Further Global Wide Production Contraction

Supply Chain Matters

Supply Chain Matters provides highlights and added perspectives on reported November 2022 global manufacturing PMI and supply chain activity indices. There are additional signs of a global glut in overall inventory levels, yet selective component shortages remain for certain industries. Global Wide Production Activity. for October.

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

Supply Chain Matters

Global Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. The May report indicated that the global wide PMI has now been below the neutral 50 mark for nine consecutive months, and again an indication of manufacturing recession conditions. That could signal even more added inventory exposures.