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

  • Written by PR Newswire
TARIFFS BITE: NORTH AMERICAN AND ASIAN MANUFACTURERS RETRENCH IN APRIL, WITH GLOBAL MATERIAL PURCHASES DOWN AT ACCELERATED PACE: GEP GLOBAL SUPPLY CHAIN VOLATILITY INDEX
  • 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 stockpiling
  • Purchasing activity by Asian manufacturers at its weakest since Dec. 2023 as demand slumps across the region's key exporting hubs
  • Bright spot: Europe's...