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Global manufacturing decline: Five major insights from July’s PMI report

Global manufacturing experienced a notable decline in July, according to the latest PMI survey data released by S&P Global Market Intelligence.

Eurozone manufacturing remains ‘in troubled waters’ in March— S&P Global

The health of the Eurozone’s manufacturing industry reached a four-month low in March with the S&P Global Eurozone Manufacturing PMI reporting a 47.3 rating, down from February’s 48.5. 

US private sector’s output drives fastest uptick in business activity in a year

The United States private sector saw a renewed expansion in business activity in March as manufacturers and service providers in the country reported upturns in output, with service sector firms driving the increase. 

Eurozone manufacturing PMI at 48.5 in February

The euro area manufacturing purchasing managers’ index (PMI) stood at 48.5 in February, falling slightly from 48.8 in January, while the manufacturing output index nudged above the neutral mark to reach 50.1, up from 48.9 in January.

Eurozone Manufacturing PMI remains in contraction territory in January

The latest S&P Global Eurozone Manufacturing PMI reading rose for a third successive month to 48.8 in January, up from 47.8 in December. 

Eurozone’s final manufacturing PMI in 2022 rises to 3-month high

Eurozone’s manufacturing sector has eased up further in the last month of 2022 following softer inflationary pressures and more stable supply-chain conditions created some respite for goods producers. 

Eurozone’s composite output eases in December amid improved supply

Eurozone’s PMI Composite Output Index saw a significant increase for the second consecutive month, increasing from November’s 47.8 to a four-month high of 48.8. 
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Building resilience as manufacturing requirements become more complex

The industrial machinery and heavy equipment manufacturing sector is critical not only for its direct outputs, machines, and equipment that pave the way for construction, agriculture and manufacturing but also for its crucial role in economic development and innovation.