GLOBAL PURCHASING ACTIVITY CONTRACTING AT STRONGEST PACE SINCE DECEMBER 2023 AS MANUFACTURERS WORLDWIDE RETRENCH: GEP GLOBAL SUPPLY CHAIN VOLATILITY INDEX

GEP New Jersey

North American suppliers report strong rise in excess capacity and the softest demand in eight months, with flagging factory conditions in the U.S.Asian suppliers, who experienced growth in the first half of 2024, report spare capacity as Chinese procurement declinesEurope's manufacturing recession deepened in August, with Germany and France driving the continent's downturnIn contrast to the EU, UK manufacturers close to full utilization
Photo - https://mma.prnewswire.com/media/2501837/GEP_Infographic.jpg
Logo - https://mma.prnewswire.com/media/518346/GEP_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/global-purchasing-activity-contracting-at-strongest-pace-since-december-2023-as-manufacturers-worldwide-retrench-gep-global-supply-chain-volatility-index-302244393.html