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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. The August 2022 J.P. Morgan Global Manufacturing PMIĀ® report, a composite index produced by J.P. The two recognized PMI reports for U.S.

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Additional Investment in US Based Automotive EV Supply Networks

Supply Chain Matters

South Korea based LG Chem announced this week a planned $3.2 According to a report published by Nikkei Asia ( Paid subscription or metered view ), the chemical and electronics provider signed a memorandum of understanding with the State of Tennessee involving a 420 acre facility to be located in Clarksville, Tennessee.

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Chinaā€™s Export Restrictions on Germanium and Gallium Ā 

Resilinc

In 2022, the US CHIPS and Science Act boosted domestic research and manufacturing of semiconductor chips which led to fewer purchases of semiconductors from China. According to Reuters, these restrictions will help boost the US drive to curb supplies of high-tech components to China. The US has also taken other measures.

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Global PMI Levels in July Remain of Concern

Supply Chain Matters

Supply Chain Matters provides highlights and perspectives on reported July 2023 global and regional production and supply chain PMI indices. Global Wide Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. The July reported value of 48.7 The July reported value of 48.7 declined 0.7

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Commodities Used in Electric Car Batteries: An Update on Lithium and Nickel

Resilinc

In 2022, the US passed the Inflation Reduction Act (IRA) to provide tax incentives and funding to create a clean energy economy. China, Japan, and South Korea are among the top consumers , driven by their increasing demand for lithium-ion batteries in electric vehicles and other high-tech applications. billion in 2022.

Alloy 58
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Market Size, Share, Trends, Demand, and Forecast of Payment Reconciliation Software in 2022

Vinculum

A report mentioned by IMARC Group with title mainly called Account Reconciliation Software market includes Global Industry shares, opportunity, size, share, trends, and forecast 2022-2027. Billion by 2027, along with a CAGR of approximately 14.80% between 2022 and 2027. The market hikes up to US$5.8 Landscape competition.

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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. Cotton production in India could dip 4% from 2021, down to 34 million bales in the 2021/2022 marketing year. A variety of chips will remain in short supply throughout 2022.