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The Supply Chain Matters blog provides commentary relative to July’s global manufacturing PMI indices relative to data indicating declining momentum, and some contraction among specific global regions. Morgan Global Manufacturing PMI® report, a composite index produced by J.P. Global Wide Production Activity. The July 2022 J.P.
At the end of 2024, global manufacturing activity levels remained at a state of contraction amid international trade volume declines. Global Wide Manufacturing Global-wide manufacturing levels as tracked by the composite index produced by J.P. Morgan Global Manufacturing PMI posted a value of 49.6 value in November.
The August data further reinforces indications of a global manufacturing slowdown. Global Manufacturing Output Levels Global-wide manufacturing levels as reported by the J.P. Global Manufacturing Output Levels Global-wide manufacturing levels as reported by the J.P. This composite index produced by J.P.
The latest data reinforces indications of a global manufacturing slowdown. Global Manufacturing Output Global-wide manufacturing levels as reported by the J.P. Global Manufacturing Output Global-wide manufacturing levels as reported by the J.P. Product demand levels are essentially focused on domestic market needs.
Signs of Global Manufacturing Upturn Global-wide manufacturing levels as depicted in the J.P. Morgan Global Manufacturing PMI® reportedly improved in May with output and new orders in indices on the rise. Rates of manufacturing contraction eased across Europe and in Japan. The May reading of 50.9 The May reading of 50.9
The reported September data provides added reinforcement of a global manufacturing slowdown occurring at the end of Q3-2024. Indices of new orders, production output and manufacturing employment have reportedly collectively declined while business optimism has reportedly fallen to a near two year low point.
Supply Chain Matters provides our commentary and perspectives on published monthly global manufacturing PMI and supply chain activity indices. Morgan Global Manufacturing PMI® report, a composite index produced by J.P. The bottom three were listed as Poland , Taiwan and Myanmar. Global Wide Production Activity. United States.
Global Production Activity Rise Global-wide manufacturing levels as depicted in the J.P. Morgan Global Manufacturing PMI® began 2024 with output levels rising for the first time in eight months. Global manufacturing employment levels fell for the fifth straight month. Manufacturing , there were mixed consensus.
Global Manufacturing Output Global-wide manufacturing levels as depicted by the J.P. Morgan Global Manufacturing PMI® reportedly slightly declined in June with output and new orders indices on the rise. In the latter category, subdued market conditions were cited as an underlying factor in manufacturers’ business optimism.
Global Manufacturing Output Levels Strengthen Global-wide manufacturing levels as depicted in the J.P. Morgan Global Manufacturing PMI® 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.
The cost of recovery from a disruption in procurement management depends on factors such as supply source, volume, manufacturing location and inventory. The workers, mostly in Cambodia and Myanmar, were paid unreasonably and locked into contracts.
Global Production Continues to Contract Global-wide manufacturing levels as depicted in the J.P. Morgan Global Manufacturing PMI® ended 2023 on a noted lackluster footing. Manufacturing production reportedly contracted at a slightly quicker pace in December, dashing hopes for a point of stabilization. The December reading of 49.0
Bangladesh-China-India-Myanmar. For instance, Rachel Duan, industrial conglomerate General Electric’s chief executive in China, told the New York Times that she sees manufacturing in the area increasing when “the roads are built, the ports are built and the power plants are built.” Eurasian Land Bridge. China-Indochina peninsula.
Decline in Global Manufacturing Output Levels Global-wide manufacturing levels as depicted in the J.P. Morgan Global Manufacturing PMI® declined in April. The April report further indicated that global wide manufacturers are still maintaining an overall outlook that production levels will be higher in the coming 12 months.
Slight Rise in Global Wide Production Activity Global-wide manufacturing levels as depicted in the J.P. Morgan Global Manufacturing PMI® was headlined with back-to-back expansion levels in February. The HSBC India Manufacturing PMI® rose from 56.5 Manufacturing Among the two reported PMI reports relative to U.S.
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.
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.
In our prior highlights and perceptions of September and Q3-2023 published indices , we observed that the numbers once again signaled added contraction in global manufacturing output and product demand levels. Global Wide Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. down from the 49.2
In Thailand, workers at a factory producing Nike apparel were forced by military personnel allegedly hired by the manufacturer to sign a petition allowing them to be paid less than the minimum wage of $4 a day.
The latest data regarding October reinforces that global and regional manufacturing levels remain subdued, similar to this condition during all of the Q3 period. Global Manufacturing Output Levels Global-wide manufacturing levels as reported by the composite index produced by J.P. up from the adjusted value of 48.7
Global Wide Manufacturing Global-wide manufacturing levels as reported by the composite index produced by S&P Global Market Intelligence was headlined with global manufacturing moving back into expansion during the final month of the second quarter. Morgan Global Manufacturing PMI® reportedly rose to a value of 50.3,
At the end of 2024, global manufacturing activity levels remained at a state of contraction amid international trade volume declines. Global Wide Manufacturing Global-wide manufacturing levels as reported by the composite index produced by J.P. On a regional and country basis, growth continued in India while the U.S.
At the midpoint of Q4-2024, overall global and regional manufacturing levels reportedly stabilized but there remains notable regional differences. Of special concern is deepening manufacturing recessionary conditions occurring within the eurozone sector along with speculation that a new Trump Administration taking office in the U.S.
The April data provides clear evidence that high tariff levels and signs of protectionism are now being manifested in global wide production, likely upcoming material shortages along with input inflation and manufacturing employment dimensions. Morgan Global Manufacturing PMI posted a value of 49.8 in April, down 0.3
At the end of 2024, global manufacturing activity levels remained at a state of contraction amid international trade volume declines. Administration are becoming either a noted concern or business opportunity area for global based manufacturers and materials procurement teams. in February, up from the 50.1 reported for January.
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