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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. The HSBC India Manufacturing PMIĀ® rose from 56.5 Manufacturing Among the two reported PMI reports relative to U.S.

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Which Industries Have Been Impacted by UFLPA?

Resilinc

Since UFLPA went into effect in July 2022, the top three industries that had shipments stopped by CBP include: 1) Electronics; 2) Apparel, footwear, and textiles; 3) Industrial and manufacturing materials. And, the future looks bright for US solar manufacturers. Data for Industrial and Manufacturing Materials shipments stopped by CBP.

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China and the global textile machinery

Exapro Hub

Every day, thousands of products and clothing purchased are made from its knitted fabrics. Number of draw-texturing spindles and shuttle-less looms that were shipped increased by 23% and 13%. Most of the new short-staple spindles (95%) are shipped to Asia. Shipments to Indonesia surged 135% year-on-year.

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