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Concerns Abound for Europe and Germany’s Manufacturing Sector

Supply Chain Matters

The four largest European manufacturing economies, namely Germany, France, Italy and Spain , collectively remained at production contraction levels. We trust that German ingenuity and adaptability remains a constant as is the country’s catalyst for manufacturing activity growth at some point in the not too distant future.

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Memorial Day 2023

Enterra Insights

3] The unknown soldier’s remains were retrieved from a cemetery in France and sent by ship to the United States. ”[4] The Army notes, “During the Vietnam War era, advances in science and technology made identification of the dead increasingly accurate. service members from the Vietnam War. Capitol Rotunda.

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Global Production Levels Falling At the End of 2023

Supply Chain Matters

However, France , the second largest economy in the region, reportedly reported the strongest weakening of business conditions in over three-and-a-half years. 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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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 Vietnam The S&P Global Vietnam Manufacturing PMI® returned to expansion level with a reported value of 51.2 PMI value in February, the eighth consecutive month of contraction reporting.

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November Global PMI Reporting Reflects Some Stabilization

Supply Chain Matters

Austria was indicated as the worst performer, followed by Germany and France. This index is a compilation of seven ASEAN nations- Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand , and Vietnam. A downturn within Vietnam ’s manufacturing sector reportedly weakened to a five-month low of 47.3 in November.

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Global PMI Levels in August Remain Sluggish

Supply Chain Matters

The four largest European manufacturing economies, namely Germany, France, Ital y and Spain , collectively remained at production contraction levels. The August data indicated that Greece and Ireland were the only two countries to record production improvements during August. in August.

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October Global PMI Reporting-Continued Production Contraction

Supply Chain Matters

Activity levels in France reportedly recorded its strongest deterioration in factor conditions in nearly three-and-a-half years. This index is a compilation of seven ASEAN nations- Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand , and Vietnam. The reported October value of 43.1 declined 0.5