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Manufacturing output falls back into contraction in May – JP Morgan

Global manufacturing output declined in May, according to the latest JP Morgan Global Manufacturing PMI survey, signalling a renewed contraction in factory activity amid weakening demand and falling export orders. 

Global manufacturing PMI remains in contractionary territory at end of 2023

The global manufacturing sector continued to see contractionary conditions in the last month of 2023 as intakes of new business shrunk further, driving production to decline for the seventh consecutive month. 
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Unlocking growth: Charting midsize manufacturers’ path with digital solutions

According to a recent study by Oxford Economics, midsized companies in the industrial manufacturing sector are setting their eyes on ambitious growth targets. The research, authored in partnership with SAP, revealed that 38% of industry leaders have identified market expansion as their top priority.