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Global Manufacturing Levels Contract Again in August 2024

Supply Chain Matters

manufacturing and procurement activity levels, namely the ISM Report on Business Manufacturing PMI , and the S&P Global U.S. 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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Global Manufacturing Levels Continue Contracting in July 2024

Supply Chain Matters

manufacturing and procurement activity levels, namely the ISM Report on Business Manufacturing PMI , and the S&P Global U.S. Business confidence reportedly weakened for the fourth month running along with further declines in purchasing activities and inventories. This particular index rose to a two-year high of 52.1

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Slight Decline in April Global Production and Supply Chain Activity Levels

Supply Chain Matters

The April report was headlined with Indiaā€™s manufacturers increasing input inventories to near record pace to prepare for increased output. Other Asian Nations The S&P Global ASEAN Manufacturing PMI is a compilation of seven ASEAN nations- Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam.

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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 PMI Levels in August Remain Sluggish

Supply Chain Matters

The top producing nations by notion of highest PMI levels were noted as India, Indonesia, Myanmar, Greece and Russia. The inventories index decreased 2.1 manufacturers are continuing to draw down inventory levels. Reportedly business optimism has dipped to its lowest levels during the past nine months.

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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.