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Global Production Levels Falling At the End of 2023

Supply Chain Matters

Suppliers continue to have capacity, Eighty-four percent of manufacturing gross domestic product (GDP) contracted in December, up from 65 percent in November. This index is a compilation of seven ASEAN nations- Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. by the end of the year.

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August 2022 Global Manufacturing Indices- Declining Momentum Accelerating

Supply Chain Matters

The August report cited new order intakes declining for the second consecutive month with indications that excess capacity may be building among the global manufacturing sector. The bottom three were listed as Poland , Taiwan and Myanmar. The top three regions exhibiting PMI growth were noted as India, Australia and Thailand.

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Global Wide Manufacturing Output Strengthens in March 2024

Supply Chain Matters

Of further specific mention was the following: “ Firms remained confident that output will increase over the coming year, thanks to expectations for improving economic conditions, marketing efforts and improving capacity.” The 2024 Manufacturing ISM® Report On Business® reported a March value of 50.3, an increase of 2.5

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China Flexes Its Global Logistics Muscle

Material Handling & Logistics

Bangladesh-China-India-Myanmar. The routes they build within their country, he notes, are greatly needed to transport goods domestically. Cheng Wei, Honeywell’s EPC (engineer, procure and construct) export sales leader in China, spoke to MH&L about their involvement in the project. Eurasian Land Bridge. China-Pakistan.

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