Remove 2024 Remove Brazil Remove Sourcing Remove Supply Chain
article thumbnail

Global Wide Manufacturing Output Strengthens in March 2024

Supply Chain Matters

Supply Chain Matters provides readers a further installment in our global supply chain assessment series in providing highlights on reported March 2024, and Q1-2024 global and regional production and supply chain PMI indices. This index closed Q1-2024 at 1.8 The March reading of 50.6

article thumbnail

High Seas Troubles Affect Global Supply Chains, Part Two: Climate Risks

Enterra Insights

Journalist Andrew Freedman explains, “Geopolitical risks in the Red Sea and extreme weather in Central America are converging, jostling global supply chains fed by the Suez and Panama Canals.”[1] Footnotes [1] Andrew Freedman, “ Climate change and conflict converge to disrupt supply chains ,” Axios, 24 January 2024. [2]

Panama 130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Global Wide Production PMI Levels Unchanged in February 2024

Supply Chain Matters

Supply Chain Matters provides highlights of reported February 2024 global and regional production and supply chain PMI indices. These latter two dimensions are a reflection of overall multi-industry supply network activity levels and momentum. The February 2024 reading of 50.3 and has increased 1.4

article thumbnail

Slight Decline in April Global Production and Supply Chain Activity Levels

Supply Chain Matters

Supply Chain Matters provides readers a further installment in our global supply chain assessment series in providing highlights on reported April 2024 global PMI activity levels. Brazil, China, India, and the United States indices remained at expansionary levels. The April reading of 50.3

article thumbnail

Global Manufacturing PMI Levels Rise in January 2024

Supply Chain Matters

Supply Chain Matters provides a monthly highlights of reported January 2024 global and regional production and supply chain PMI indices. Morgan Global Manufacturing PMI® began 2024 with output levels rising for the first time in eight months. The January 2024 reading of 50.0 increased 1.1 increased 1.3

article thumbnail

Panama Canal Drought: Lower Water Levels, Higher Supply Chain Risk

Resilinc

Restrictions in the Panama Canal have affected over 170 countries and virtually every good: soybeans and liquified natural gas from the United States, copper and fresh cherries from Chile, and beef from Brazil. If any of the five major waterways are disrupted, it could significantly impact the global supply chain.

Panama 62
article thumbnail

Increased Signs of Weakness in China and a Changing Global Trade Picture

Supply Chain Matters

Specifically, the PMI results of the two followed indexes related to China especially caught our attention since they both reinforced a concerted shift toward contraction in production and supply chain activity. Many eyes will now be focused on forecasts for 2024 and beyond. percent this year compared to 5.2 percent in 2022.

China 52