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Slight Decline in April Global Production and Supply Chain Activity Levels

Supply Chain Matters

Morgan indicated in-part: “ Although the latest reading took a step back, the survey remains on an upward trend consistent with a rebound in global manufacturing gathering pace. Commenting on the April data, Bennett Parrish, Global Economist at J.P. an increase of 0.3 percentage points from the 51.1 reported for March.

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Allianz Safety and Shipping Review- The Good and Not Good

Supply Chain Matters

Safety and Shipping Review 2024 Report Global commercial and specialty insurance provider Allianz Commercial has released its annual review of trends and developments in global shipping and safety. Globally, the largest risk areas are defined as being South China, Indochina, Indonesia and the Philippines.

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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. The S&P Global Philippines Manufacturing PMI® in September rose for the first time since June to a value of 52.9. up from a value of 53.7 in August and 52.4

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November Global PMI Reporting Reflects Some Stabilization

Supply Chain Matters

From our lens, this trend is mainly an indicator of seasonal holiday related demand and spending for the traditional holiday quarter. This index is a compilation of seven ASEAN nations- Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand , and Vietnam. percentage point increase from the 49.6 value reported in October.

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Global Wide Manufacturing Output Strengthens in March 2024

Supply Chain Matters

New order growth reportedly accelerated at the fastest in nearly three plus year, which is a likely indication that this region has become the new go-to for China Plus product sourcing strategies. This index is a compilation of seven termed ASEAN nations- Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam.

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Global Manufacturing Activity Continues Downward Trajectory at the Close of 2022

Supply Chain Matters

Among the activity of the 29 nations that make up this index, only seven had indexes of positive values in December, which included India , Mexico, the Philippines , among four others. Sources; S&P Global and ISM, 2022. Reports spanning the major developed economies were somewhat contrasting. but a significant 10.2

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Global Production Levels Falling At the End of 2023

Supply Chain Matters

Commenting on the outlook for 2024, Chris Williamson, Chief Business Economist at S&P Global Market Intelligence noted in part: “ Given current order book trends, the overall picture from the survey is one of supply exceeding demand for many goods, which points to downside risks to production, employment and prices as we head into 2024.”