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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.

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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 PMIĀ® , 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 PMIĀ® had a February value of 47.3,

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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 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. From our lens, the August data further reflects ongoing shifts in production sourcing within specific industry sectors. That stated, global output levels fell for the third consecutive month.

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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: Greeceā€™s Pharmaceutical Supply Chain is Worryingly Weak

Elementum

source: It Makes Sense Blog. 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. Sales in Greece are down 20 - 25%, according to the Economist, which could lead to further unemployment if the low numbers persist.

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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. in April to 58.7 value in April to 58.2 value in April.