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August 2022 Global Manufacturing Indices- Declining Momentum Accelerating

Supply Chain Matters

Similarly, raw material inventories are accumulating due to the sudden and unexpected drop in production volumes.”. . The August S&P Global Taiwan Manufacturing PMI® remained rather concerning, with firms reportingly indicating continued rapid falls in output and new orders. Bob Ferrari.

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September and Q3 2022 Global Manufacturing Indices Enter Contraction Trending

Supply Chain Matters

Morgan indicated: “ The global manufacturing PMI saw output and new orders lost further ground in September, suggesting that global industrial production is slipping into recession. The orders-to-inventory ratio fell to another multi-year low last month as excess capacity continued to build at factories.