TARIFFS BITE: NORTH AMERICAN AND ASIAN MANUFACTURERS RETRENCH IN APRIL, WITH GLOBAL MATERIAL PURCHASES DOWN AT ACCELERATED PACE: GEP GLOBAL SUPPLY CHAIN VOLATILITY INDEX

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The steep fall in global manufacturers' purchases signals a likely production slowdown in the near future North America factories respond to tariffs by buying less inputs and aggressively stockpilingPurchasing activity by Asian manufacturers at its weakest since Dec. 2023 as demand slumps across the region's key exporting hubsBright spot: Europe's industrial recession is finally coming to an end as spare capacity shrinks furtherView original content:https://www.prnewswire.co.uk/news-releases/tariffs-bite-north-american-and-asian-manufacturers-retrench-in-april-with-global-material-purchases-down-at-accelerated-pace-gep-global-supply-chain-volatility-index-302452935.html