20Cube Logistics
JANUARY 27, 2022
However markets recovered themselves in 2021 to greater extent and the economists are forecasting an expansion of that steady growth in the year 2022 as well. 2022 is also expected to take this baton of expectation forward and many more nations would perhaps embrace renewable sources of energy.
Supply Chain Matters
OCTOBER 4, 2022
The September 2022 J.P. The government composite survey that includes which factors both manufacturing and services segments fell to 50.9 Separately, Bloomberg reported last week that China’s industrial profit levels shrank during the first eight months of 2022 adding to economic as well as manufacturing financial challenges.
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Supply Chain Matters
FEBRUARY 2, 2023
Our previous posting in this series of global wide manufacturing PMI highlights was in early January summarizing both December and Q4-2022 reported indices data. value reported for the end of 2022. The few pockets of production expansion were noted to be within Asia , including India, Indonesia, Thailand and the Philippines.
Supply Chain Matters
JANUARY 8, 2024
The reality of this index is that global wide demand levels for products remain below those of 2022 as economically strained consumer remain very watchful of spending levels. Overall, this government index closed the year declining 3 percentage points from the beginning of 2023. and the United Kingdom. compared to a Q3 average of 49.7.
Supply Chain Matters
DECEMBER 4, 2023
However, new export sales returned to growth for the first time since May 2022. In its reporting highlighting November PMI reporting, The Wall Street Journal observed : “ Together, the surveys show that China’s economy is in need of more government help to avoid a pronounced year-end slowdown, economists say. and other major economies.”
Supply Chain Matters
MARCH 2, 2023
That stated, February’s activity appears to have regional specific connotations with upturns in production volumes across areas of Asia , specifically the ongoing re-opening of China ’s manufacturing sector, and upturns in India , the Philippines and Thailand manufacturing and supply chain activity levels. for February. increasing 3.2
Supply Chain Matters
NOVEMBER 6, 2023
Export business reportedly decreased for the second straight month and at the fastest rate since March 2022. The Chinese government is cutting interest rates and instituting added stimulus actions to spur the manufacturing and services economy. percent in 2022 to a forecasted 3 percent this year, an anticipated 2.9 and Europe.
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