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Global Manufacturing Levels Contract Again in August 2024

Supply Chain Matters

Supplier logistics were reportedly delayed because of raw material shortages coupled with sever weather conditions. Other Asian Nations The S&P Global ASEAN Manufacturing PMIĀ® , a compilation of seven ASEAN nations- Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand , and Vietnam reportedly fell from 51.6

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July 2022 Global Manufacturing Indices Indicating Declining Momentum

Supply Chain Matters

Also highlighted was that purchasing activity, stocks of purchases and finished goods inventories collectively rose in July. The bottom three were listed as Poland , Taiwan and Myanmar. . The top three regions exhibiting PMI growth were that of India, Australia and the Netherlands. Select Regional Highlights. United States.

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Global Production Levels Falling At the End of 2023

Supply Chain Matters

The pivotal turning point in the inventory cycle is a key factor for initiating a recovery. This index is a compilation of seven ASEAN nations- Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. Declines in the manufacturing sector were noted for Myanmar , Thailand , and Malaysia.

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Global Manufacturing Levels Continue Contracting in July 2024

Supply Chain Matters

Business confidence reportedly weakened for the fourth month running along with further declines in purchasing activities and inventories. The July report headlines included a steeper reduction in new order flows, in output and in declining manufacturing employment levels. This particular index rose to a two-year high of 52.1

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Added Signs of Global Manufacturing Upturn in May

Supply Chain Matters

These investments include supplier order commitments, inventory building and capital expenditures. Other Asian Nations The S&P Global ASEAN Manufacturing PMI Ā® is a compilation of seven ASEAN nations- Indonesia, Malaysia, Myanmar , the Philippines, Singapore, Thailand , and Vietnam. compared to an April value of 42.5.

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August 2022 Global Manufacturing Indices- Declining Momentum Accelerating

Supply Chain Matters

The bottom three were listed as Poland , Taiwan and Myanmar. Similarly, raw material inventories are accumulating due to the sudden and unexpected drop in production volumes.ā€. . Excess inventory levels now remain a more cogent concern particularly among retail industry supply networks. Bob Ferrari.

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Upturn in Global Manufacturing in June- Cautionary Signs Prevail

Supply Chain Matters

Reportedly, logistics hubs built in anticipation of a long-lasting boom in e-commerce , manufacturing and other support needs are losing tenants, forcing building owners to slash rents and shorten lease terms. Average input costs were reportedly rising in June driven by rising raw material and transportation costs. All rights reserved.