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Global Wide Production PMI Levels Unchanged in February 2024

Supply Chain Matters

Slight Rise in Global Wide Production Activity Global-wide manufacturing levels as depicted in the J.P. Morgan Global Manufacturing PMIĀ® was headlined with back-to-back expansion levels in February. India again led all other regions, while Germany and Austria remain at highest levels of PMI contractionary levels.

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SCM Map Europe: European location decisions remain complex

Supply Chain Movement

To arrive at optimal European supply chains it is crucial to consider shifts in economic growth, currency fluctuations and tax reductions in addition to production and distribution costs. Of the Blue Banana countries, only Austria, Switzerland and Luxembourg made it into the top 10 of the fastest-growing economies for that period.

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