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Concerns Abound for Europe and Germany’s Manufacturing Sector

Supply Chain Matters

The four largest European manufacturing economies, namely Germany, France, Italy and Spain , collectively remained at production contraction levels. We trust that German ingenuity and adaptability remains a constant as is the country’s catalyst for manufacturing activity growth at some point in the not too distant future.

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Global Wide Manufacturing Output Strengthens in March 2024

Supply Chain Matters

along with Vietnam, Thailand and Indonesia. Modest expansion were noted for Spain and Italy while the remainder of Euro countries “ remained mired in contraction.” This index is a compilation of seven termed ASEAN nations- Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. reflecting a 1.3

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Global Manufacturing Activity Levels Stabilize in February

Supply Chain Matters

Counties reaching new highs were noted as Italy, noted as reaching a ten month high, Greece, Ireland and Spain. Vietnam The S&P Global Vietnam Manufacturing PMI® returned to expansion level with a reported value of 51.2 Manufacturing output volumes reportedly stabilized, after an eight month run of contraction.

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October 2022 PMI Reporting Points to Global Wide Manufacturing Contraction

Supply Chain Matters

At the country level, Spain, Germany and Italy reported 29-month lows in PMI activity. The S&P Global Vietnam Manufacturing PMI® declined to 50.6 Noted in the October report was that the sub-indexes of output and new orders fell at rates, “ rarely surpassed across 25 years of PMI data collection.” for October, compared to 52.5

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Global PMI Levels in August Remain Sluggish

Supply Chain Matters

The four largest European manufacturing economies, namely Germany, France, Ital y and Spain , collectively remained at production contraction levels. The August data indicated that Greece and Ireland were the only two countries to record production improvements during August. in August.

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October Global PMI Reporting-Continued Production Contraction

Supply Chain Matters

Germany reportedly remained the worst performer while faster declines were reported for Italy , Spain and Ireland. This index is a compilation of seven ASEAN nations- Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand , and Vietnam. percentage point increase from the 44.3 value reported for September.

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September and Q3 2022 Global Manufacturing Indices Enter Contraction Trending

Supply Chain Matters

Of continued concern, manufacturing powerhouses of France , Germany, Spain and Italy each continuing to remain at contraction level PMI values, with the former two regions reaching 27- and 28-month lows. Ireland stood out as the only EU nation to record an expansionary PMI with a value of 51.5. percentage points above the Q2 value, and 0.7