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2024 Predictions for Industry and Global Supply Chains- Prediction One

Supply Chain Matters

The Ferrari Consulting and Research Group through its affiliate the Supply Chain Matters blog shares samples of individual prediction snapshots that will be included in our Annual 2024 Predictions for Industry and Global Supply Chains Research Advisory publishing later this month. percent in 2024.

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This Week in Logistics News (January 27 – February 2)

Logistics Viewpoints

She also said the company planned to ask workers to return to the office five days a week in 2024. percent drop in annual sales, UPS forecast a 2024 upswing of as little as 1.1 Higher labor costs and lower package demand resulted in fourth-quarter sales and 2024 guidance that missed analysts expectations. percent in early U.S.

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Tesla’s Q1-2024 Financial Performance- Calling an Audible

Supply Chain Matters

Supply Chain Matters provides key highlights and added supply chain and production perspectives on Tesla ’s recent report of Q1-2024 financial performance. billion, a reflection of increased price discounting and a building inventory of unsold vehicles. Financial headlines included quarterly total revenue declining 9 percent to $21.3

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Supply Chain Matters News Capsule Update- March 28 2024

Supply Chain Matters

This funding is reportedly contingent on preconditions which include a delayed filing of its 2023 annual report with regulators and continued negotiations with an established auto maker on a joint manufacturing agreement related to North America based production. Workers After securing new ratified labor agreements among three major U.S.

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World Bank Revises 2023 Global Growth But Downgrades 2024

Supply Chain Matters

In the not so optimistic category, the bank revised its 2024 global growth forecast to 2.4 Emerging market and developing economies, excluding China are now expected to grow 2.9 China is now forecasted to grow 5.6 The current forecast for 2024 growth is 0.8 percent, down from the January estimate of 2.7 percent in 2022.

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Global Production Levels Falling At the End of 2023

Supply Chain Matters

Global Production Continues to Contract Global-wide manufacturing levels as depicted in the J.P. Morgan Global Manufacturing PMI® ended 2023 on a noted lackluster footing. Manufacturing production reportedly contracted at a slightly quicker pace in December, dashing hopes for a point of stabilization. The December reading of 49.0

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October Global PMI Reporting-Continued Production Contraction

Supply Chain Matters

In our prior highlights and perceptions of September and Q3-2023 published indices , we observed that the numbers once again signaled added contraction in global manufacturing output and product demand levels. Global Wide Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. down from the 49.2