July 2022 Global Manufacturing Indices Indicating Declining Momentum
Supply Chain Matters
AUGUST 3, 2022
Of added concern, manufacturing powerhouses of France, Germany, Spain and Italy each had contraction level PMI values. Germany and Italy values were noted as being 25-month lows. August usually represents the global supply chain ramp up to supporting anticipated Q3 and Q4 holiday spending on consumer goods and other products.
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