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Added Signs of Global Manufacturing Upturn in May

Supply Chain Matters

That stated, Germany and France, the two largest manufacturing economies, saw contractions slow, although Germany remains the worst performing manufacturing sector. The HCOB Germany Manufacturing PMIĀ® registered a four month high May value of 45.4 The HCOB Germany Manufacturing PMIĀ® registered a four month high May value of 45.4

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Global Production Levels Falling At the End of 2023

Supply Chain Matters

From a positive note, report authors noted softer manufacturing deterioration in Germany and Italy in December. Germany ā€™s manufacturing sector reportedly ended 2023 with signs that the worst of a long downturn may be behind. Report authors noted that the Philippines saw the slowest rate of growth. by the end of the year.

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Global Wide Manufacturing Output Strengthens in March 2024

Supply Chain Matters

The Eurozone remains a drag on global manufacturing output with reportedly steep downturns again occurring in Germany and Austria. New order growth reportedly accelerated at the fastest in nearly three plus year, which is a likely indication that this region has become the new go-to for China Plus product sourcing strategies.

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November Global PMI Reporting Reflects Some Stabilization

Supply Chain Matters

Source: JP Morgan and S&P Global, December 2023 Key Highlights in Regional PMI Reporting Indiaā€™s Manufacturing Sector Accelerates Overall manufacturing activity across India accelerated in November after a deceleration in October. Austria was indicated as the worst performer, followed by Germany and France. reflecting a 1.1

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Global Manufacturing Activity Levels Stabilize in February

Supply Chain Matters

That stated, Februaryā€™s activity appears to have regional specific connotations with upturns in production volumes across areas of Asia , specifically the ongoing re-opening of China ā€™s manufacturing sector, and upturns in India , the Philippines and Thailand manufacturing and supply chain activity levels. United States Two indices of U.S.

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October Global PMI Reporting-Continued Production Contraction

Supply Chain Matters

Germany reportedly remained the worst performer while faster declines were reported for Italy , Spain and Ireland. 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

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September and Q3 2022 Global Manufacturing Indices Enter Contraction Trending

Supply Chain Matters

Of continued concern, manufacturing powerhouses of France , Germany, Spain and Italy each continuing to remain at contraction level PMI values, with the former two regions reaching 27- and 28-month lows. The S&P Global Philippines Manufacturing PMIĀ® in September rose for the first time since June to a value of 52.9.