Remove Austria Remove Italy Remove Procurement Remove Sourcing
article thumbnail

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.

article thumbnail

Global Manufacturing Activity Levels Stabilize in February

Supply Chain Matters

Counties reaching new highs were noted as Italy, noted as reaching a ten month high, Greece, Ireland and Spain. Countries experiencing sequential monthly lows were noted as France, Austria and Germany , the latter recording a 46.3 Report authors however, qualified that the domestic market demand was the prime source of activity growth.

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 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. Source: S&P Global, April, 2023 Highlights of Regional Reporting Developed Regions Eurozone The S&P Global Eurozone Manufacturing PMI® fell again in March to a value of 47.3 compared to the February value of 48.5,

article thumbnail

New: Global Trade Map 2016

Supply Chain Movement

Free Trade Agreements (FTAs) and Preferential Trade Agreements (PTAs) are designed to boost economic growth through trade by opening markets by way of progressive removal of customs duties, eliminating or reducing trade barriers and tariffs, lifting restrictions on services and even through public procurement. Choose country. Afghanistan.