Remove Capacity Remove Myanmar Remove Shipping Remove Transportation
article thumbnail

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.

article thumbnail

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 reported for January.