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November Global PMI Reporting Reflects Some Stabilization

Supply Chain Matters

A continued subdued product demand environment and added caution reportedly led to a decline in overall purchasing activity, lower levels of inventory and improved supplier delivery times. From our lens, this trend is mainly an indicator of seasonal holiday related demand and spending for the traditional holiday quarter.

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Global PMI Levels in July Remain of Concern

Supply Chain Matters

Morgan indicated in part: “ Near-term forward looking indicators also headed lower, most notably the finished goods orders-to-inventory ratio which fell further below 1,0 from an already contractionary reading.” Commenting on the July data implications, a compelling observation by Bennett Parrish, Global Economist at J.P.

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Global Manufacturing Activity Levels Stabilize in February

Supply Chain Matters

Countries experiencing sequential monthly lows were noted as France, Austria and Germany , the latter recording a 46.3 The trending likely involves industry-specific dimensions, a good example being high tech and consumer electronics supply network resiliency needs. United States Two indices of U.S.

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Global Manufacturing Activity Levels Continue to Stabilize in March and Q1-2023

Supply Chain Matters

However, we discern some added signs excess inventories and of production sourcing shifts. Further concerning was that the volume of warehouse finished goods inventories rose to the greatest extent in four months. percentage point increase in March while the Inventories sub-index dipped to the contraction value of 47.5,

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Global PMI Levels in August Remain Sluggish

Supply Chain Matters

The lowest production performance and associated supply chain activity levels were reported as that of Germany , Austria , Czech Republic , United Kingdom and Poland. The inventories index decreased 2.1 manufacturers are continuing to draw down inventory levels. Continued Contraction Levels for the U.S.

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September and Q3 Global PMI Levels Remain in Contraction

Supply Chain Matters

Reportedly, destocking activities increased with finished product and raw materials inventories decreasing by the end of the quarter. Reportedly, with the exception of Greece , all other EU countries registered PMI declines, with Germany and Austria having the fastest rates of production declines. was relatively unchanged from the 49.0

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Global Wide Production PMI Levels Unchanged in February 2024

Supply Chain Matters

India again led all other regions, while Germany and Austria remain at highest levels of PMI contractionary levels. manufacturing activity levels, there was contrasting and disparity as to trending. Also noted was that average supplier lead times were broadly unchanged in February. Contrasting Reporting for U.S. reported for January.