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How is the Logistics Economy Holding Up?

Logistics Viewpoints

Source: J.P. I also looked at changes in exports by the US, Europe, and China. Morgan Global Manufacturing PMI compiles data from S&P Global and other sources from countries across the globe and weighs the countries based on annual manufacturing value added. I see that as a positive. I don’t see that as a positive.

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Global Wide Manufacturing Output Strengthens in March 2024

Supply Chain Matters

The Eurozone remains a drag on global manufacturing output with reportedly steep downturns again occurring in Germany and Austria. New order growth reportedly accelerated at the fastest in nearly three plus year, which is a likely indication that this region has become the new go-to for China Plus product sourcing strategies.

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Global PMI Levels in August Remain Sluggish

Supply Chain Matters

From our lens, the August data further reflects ongoing shifts in production sourcing within specific industry sectors. The lowest production performance and associated supply chain activity levels were reported as that of Germany , Austria , Czech Republic , United Kingdom and Poland. in August compared to 57.7

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Global PMI Levels in July Remain of Concern

Supply Chain Matters

Source: S&P Global and Other Sources. Considerable weakness was noted for both Germany (a 38 month low) and Austria (a 39 month low) in July, both reporting the lowest PMI values in this sector. Germany’s July PMI activity level was the worst performance since May 2020.

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Global Manufacturing Activity Levels Stabilize in February

Supply Chain Matters

In contrast, performance levels related to North America , Europe and South America were noted as remaining weak, on average, compared to Asia. Countries experiencing sequential monthly lows were noted as France, Austria and Germany , the latter recording a 46.3 United States Two indices of U.S.

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Three Months after Tianjin, the Area is Still Reeling.

Elementum

To mitigate the investment and production loss in Tianjin, JLR has planned new production centers in continental Europe and South America. New productions are also in line in Slovakia, Austria and Brazil. Other insurers across the United States, Europe, Bermuda and Asia also took a hit close to US $2 billion. billion to US $3.3

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November Global PMI Reporting Reflects Some Stabilization

Supply Chain Matters

On a regional basis, Europe reportedly remained a principal drag on global factory output, along with contracting output in Japan and the United Kingdom. Austria was indicated as the worst performer, followed by Germany and France. Commenting on the November data, Bennett Parrish, Global Economist at J.P. reflecting a 1.1