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How is the Logistics Economy Holding Up?

Logistics Viewpoints

Source: J.P. The third trend is that global trade growth appears to be gradually slowing. 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.

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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 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. All rights reserved.

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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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November Global PMI Reporting Reflects Some Stabilization

Supply Chain Matters

From our lens, this trend is mainly an indicator of seasonal holiday related demand and spending for the traditional holiday quarter. Austria was indicated as the worst performer, followed by Germany and France. Similar to October, November’s reporting clearly reinforces this ongoing trend. reflecting a 1.1 reported for October.

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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 Report authors however, qualified that the domestic market demand was the prime source of activity growth. Counties reaching new highs were noted as Italy, noted as reaching a ten month high, Greece, Ireland and Spain.

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COP26: 5Zs that changed the world

The Logistics & Supply Chain Management Society

15 countries, Austria, Canada, Chile, Denmark, Finland, Luxembourg, The Netherlands, New Zealand, Norway, Scotland, Switzerland, Turkey, the United Kingdom, Uruguay and Wales declared that they will collaborate towards realizing 100 percent zero emission new trucks and bus sales by 2040.