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September and Q3 2022 Global Manufacturing Indices Enter Contraction Trending

Supply Chain Matters

In both our summary and perspectives focused on August and July global PMI reporting , we echoed an increased trending toward declining global supply chain production momentum. Economists currently warn that these trends are subject to significant change as the rapidly increasing value of the U.S. export activities.

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July 2022 Global Manufacturing Indices Indicating Declining Momentum

Supply Chain Matters

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. The two recognized gauges of China’s manufacturing activity reflected differing perspectives and trending. Total new orders reportedly fell sharply.

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Doing Business in Turkey

QAD

Turkey also has 24,082 km of paved roads, so transportation by truck is easy. Transportation of goods by rail is also feasible, with 12,710 km of railroad track within Turkey. Its primary export partners were Germany, the UK, the UAE, Iraq, the US, Italy, France and Spain. Imports equaled $255.1

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Doing Business in Switzerland

QAD

Switzerland is east of France and north of Italy, also bordered by Austria, Liechtenstein and Germany. Transportation and communication are strong in Switzerland, and its central European location makes it ideal for both imports and exports. Hong Kong and Italy. Italy, the U.K., Manufacturing in Switzerland.

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Doing Business in Germany

QAD

Consulting, transportation, tourism, telecommunications, and banking are important service industries in Germany. Transportation and communication are robust in Germany. Italy, Austria, Poland and Switzerland. Its main import partners included the Netherlands, China, France, Belgium, Italy, Poland, the Czech Republic, the U.S.,

Germany 103
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Doing Business in Spain

QAD

The supply chain infrastructure in Spain is strong due to its robust transportation and communications systems. As far as Spain’s transportation system, it’s rail system is the most developed and one of the best in Western Europe. Primary trading partners included France, Germany, Italy, Portugal, the U.K. and the U.S.

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Will Consumer Goods Be Stronger from the Pandemic?

Supply Chain Game Changer

Even as lockdowns have eased, there has been a change in consumer behaviour, such as professional office workers now choosing to work from home to reduce their exposure to public transport. For example, FMCG demand grew by over ten percent in Italy, and by just under ten percent in France, the United Kingdom, and the United States.