article thumbnail

Global Wide Manufacturing Output Strengthens in March 2024

Supply Chain Matters

Global Manufacturing Output Levels Strengthen Global-wide manufacturing levels as depicted in the J.P. Morgan Global Manufacturing PMIĀ® ended March on an optimistic footing. Of further significance was the March report indication that the rate of growth in global manufacturing output has accelerated to a 21-month high.

article thumbnail

How is the Logistics Economy Holding Up?

Logistics Viewpoints

Source: J.P. Global Manufacturing PMI Global Trade as a Barometer Clearly domestic business activity is much larger than international trade. Manufacturing Purchasing Managers Indexes The J.P. In contrast, the overall manufacturing PMI for the Eurozone was quite weak with Germany and Austria reporting the lowest levels.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Grand Opening of Teslaā€™s Germany Based Manufacturing Facility

Supply Chain Matters

headquartered electric vehicle auto maker Tesla ā€™s newly constructed production facility located in Gruenheide, Germany , just outside of Berlin. In the interim, European vehicle production needs were sourced from Teslaā€™s Shanghai, China production facility. This week marks the formal opening of U.S. All rights reserved. .

Germany 52
article thumbnail

Why 2021 Will Be A Breakout Year For Sustainable Manufacturing

IQMS

Bottom Line : In 2021 and beyond, customers are voting with their dollars for the manufacturers who excel at sustainable manufacturing and make a positive contribution to the environment, dominating B2B supply chains and B2C purchasing decisions. Sustainability Is The Cornerstone Of Manufacturing Competitiveness.

article thumbnail

July 2022 Global Manufacturing Indices Indicating Declining Momentum

Supply Chain Matters

The Supply Chain Matters blog provides commentary relative to Julyā€™s global manufacturing PMI indices relative to data indicating declining momentum, and some contraction among specific global regions. Morgan Global Manufacturing PMIĀ® report, a composite index produced by J.P. Global Wide Production Activity. The July 2022 J.P.

article thumbnail

Concerns Abound for Europe and Germanyā€™s Manufacturing Sector

Supply Chain Matters

For the specific region of Europe , we noted that the HCOB Eurozone Manufacturing PMIĀ® report for August was headlined with plummeting new orders rates and rapidly depleting backlogs of work across the region. In late May we noted for readers that the German economy and manufacturing sector slid into a recognized state of economic recession.

article thumbnail

German Economy and Manufacturing Activity Now Reflect Recession

Supply Chain Matters

The Supply Chain Matters blog highlights this weekā€™s reports that the German economy has officially slid into recession, and along with that, ongoing manufacturing recessionary conditions as-well. The inflation rate in Germany reportedly persisted at 7.2 Germany , however, had a stronger dependence on natural gas supplies from Russia.