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Global Wide Manufacturing Output Strengthens in March 2024

Supply Chain Matters

India has again demonstrated the highest level of PMI growth and the report authors point to Greece, Indonesia, Russia and Brazil as demonstrating stronger rates of expansion. Business sentiment has reportedly remained close to a nine-month high with noted added optimism in the intermediate and investment goods industry sectors.

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Global PMI Levels in August Remain Sluggish

Supply Chain Matters

Reportedly business optimism has dipped to its lowest levels during the past nine months. The top producing nations by notion of highest PMI levels were noted as India, Indonesia, Myanmar, Greece and Russia. The August data indicated that Greece and Ireland were the only two countries to record production improvements during August.

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November 2022 PMI Indices Point to Further Global Wide Production Contraction

Supply Chain Matters

Global business optimism was reported as being at one of its lowest level since the Covid-19 pandemic began in early 2020. Global Supply Network Price and Supply Indicators. At the country level, Italy , Greece and France bounced back to 4-month, 2 month, and 3-month highs but remained in production contraction levels.

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Global Manufacturing Activity Levels Stabilize in February

Supply Chain Matters

Supply Chain Matters provides highlights of February 2023 reported global and regional PMI indices which appear to indicate some stabilization within global supply chain networks. Counties reaching new highs were noted as Italy, noted as reaching a ten month high, Greece, Ireland and Spain.

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November Global PMI Reporting Reflects Some Stabilization

Supply Chain Matters

The report’s authors indicated that the downturn in global production was primarily centered on the intermediate goods sector which remains not a positive sign for future multi-industry supply network momentum in the weeks to come. Firms reportedly expressed renewed optimism in their 12-month outlooks for production.

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September and Q3 Global PMI Levels Remain in Contraction

Supply Chain Matters

Reportedly, with the exception of Greece , all other EU countries registered PMI declines, with Germany and Austria having the fastest rates of production declines. Leading indicator indexes reflecting tepid new order rates and souring business optimism continue and will more than likely extend into the final three months of 2023.

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

Supply Chain Matters

Once again, the numbers signal a state of stabilization within global supply chain networks. Morgan Global Manufacturing PMI® , compiled by S&P Global in association with ISM and IFPSM , provided a banner headline of global manufacturing output rising for the fourth straight month, but with business optimism dipping to a five-month low.