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Global Manufacturing Activity Levels Continue to Stabilize in March and Q1-2023

Supply Chain Matters

However, we discern some added signs excess inventories and of production sourcing shifts. Global Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. From our lens, the latter is evidence of recessionary manufacturing conditions that are now stabilizing. That stated, the reported 49.6

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Global Manufacturing Activity Levels Stabilize in February

Supply Chain Matters

Global Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. Morgan Manufacturing PMI® , compiled by S&P Global in association with ISM and IFPSM , halted a consecutive five-months of contraction levels to that of no-change. The S&P Global US Manufacturing PMI® had a February value of 47.3,

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Global PMI Levels in August Remain Sluggish

Supply Chain Matters

The August numbers once again signal a continued downturn in global manufacturing conditions as output and new order rates continue to fall. Global Wide Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. The three specific regions of concern are the Eurozone, United Kingdom along with Taiwan.

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November Global PMI Reporting Reflects Some Stabilization

Supply Chain Matters

In our prior highlights and perceptions of September and October published indices , we observed that the numbers once again signaled continued contraction in global manufacturing output and product demand levels. Global Wide Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. in November.

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Not up to Promethean Standards: Greece’s Pharmaceutical Supply Chain is Worryingly Weak

Elementum

Greek banks can no longer distribute money or credit to businesses who need it, and many small companies do not have the cash to continue manufacturing products. Goods like olive oil and Greek wine are being held up by suppliers, who would rather keep their inventory and wait until they can be paid in cash. A Sisyphean Task.

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November 2022 PMI Indices Point to Further Global Wide Production Contraction

Supply Chain Matters

Supply Chain Matters provides highlights and added perspectives on reported November 2022 global manufacturing PMI and supply chain activity indices. There are additional signs of a global glut in overall inventory levels, yet selective component shortages remain for certain industries. Global Wide Production Activity. for October.

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Global Production Activity Levels Unchanged In May But Provide Added Warning Signs

Supply Chain Matters

Global Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. The May report indicated that the global wide PMI has now been below the neutral 50 mark for nine consecutive months, and again an indication of manufacturing recession conditions. That could signal even more added inventory exposures.